Nokia to invest ₹450cr in Chennai for largest R&D facility
Nokia, the Finnish telecommunications giant, is set to establish its largest global research and development (R&D) facility in Chennai. The new lab will focus on the company's fixed networks business. This move is aimed at advancing technologies that bridge the digital divide, and connect those currently without access. An investment of approximately ₹450 crore is expected to be channeled into this project, according to The Economic Times.
Facility to boost innovations in fixed networks
The upcoming R&D facility is set to bolster Nokia's technological innovations in several areas. These include 10G, 25G, 50G, and 100 GPON, Fixed Wireless Access, Wi-Fi and MDU solutions, as well as access network and home controllers. The Tamil Nadu government has played a crucial role in facilitating this expansion by providing the necessary infrastructure, regulatory support, and policy alignment.
Nokia's expansion highlights Chennai's strategic importance
Nokia has emphasized the strategic significance of Chennai in its global operations, and the region's growing prominence as a technology innovation hub. Vimal Kumar Kothandaraman, Nokia's head of fixed networks for Asia Pacific, stated that their R&D presence in Chennai is vital to their Fixed Networks strategy. He further highlighted that this investment underscores their commitment to India and global technology advancements.
MoU signed between Tamil Nadu government and Nokia
To formalize the R&D expansion, the memorandum of understanding (MoU) was recently signed between the two parties in the presence of Tamil Nadu Chief Minister M K Stalin and Industries Minister T. R. B. Rajaa in the US. Rajaa expressed pride that the new facility, potentially the largest fixed network lab globally, will be located in Chennai. He emphasized their commitment to sustaining this momentum and creating high-value employment opportunities for the youth.
