Nokia Export Achieves Rs 1650Cr

Chennai: Nokia India has witnessed exports from its telecom special economic zone (SEZ) at Sriperumbudur near Chennai achieve Rs 1,650 crore in 2006-07. Total turnover of the Nokia facility, including sales classified under the domestic tariff area (DTA), during the year touched Rs 6,118 crore. Nokia is the first major telecom company to establish manufacturing operations in India for mobile devices and network infrastructure. The park has the potential to employ 20,000 people by 2008. The unit has produced more than 25 million handsets in the first year of its operations with 20 per cent being exported to 10 south-east Asian countries along with countries in Middle East and Africa.