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“We Are Committed To Boost ‘Make in India”
Businessworld
|November 30, 2021
The PLI scheme will enable more device, sensor, component manufacturers come to India and that will drive the uptake of 5G, opening up new opportunities, says Sanjay Malik, Senior VP & Head of India Market, Nokia in this conversation with BW Businessworld’s Noor Fathima Warsia. Excerpts:
Sanjay Malik Senior Vice President &Head of India Market, Nokia
The year 2021 has been good for Nokia so far. Please share a few highlights. Given the growing Indian business, what are the new possibilities that you see here?
From a global perspective, Nokia had a very strong Q2, where we recorded 9 per cent YoY growth and a strong operating margin at around 12.8 per cent. We launched one of our flagship 5G products portfolio based on AirScale powered by ReefShark technology which provides high capacity, high power efficiency and OpEx efficiency. From India’s perspective, we now report it as one of the separate markets and we had 75 per cent YoY growth. On the way forward, India has taken important steps towards the 5G journey with trials. Making India 5G ready will drive business. It is already driving business and it will further pick up the momentum.
How are you seeing these trials progressing? Can it be a game-changer for enterprises and telecom customers?
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