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Nokia's India revenue rises 12%

March 10, 2026

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Financial Express Kochi

INDIA HAS EMERGED as Nokia’s largest market in the Asia-Pacific region, with the Finnish telecom equipment maker reporting revenue of €1.53 billion (16,250 crore) from the country in calendar year 2025, a 12% increase from €1.37 billion a year ago.

- OJASVI GUPTA

The company’s latest filings with US stock exchanges showed India contributing roughly one-third of Nokia’s Asia-Pacific revenue of €4.64 billion during the year, led by sustained investments by telecom operators in expanding and upgrading network infrastructure for 5G services. So far, India and China have competed for the leading space in the Asia-Pacific. However, last year China rev

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