![]() Financial Daily from THE HINDU group of publications Thursday, May 12, 2005 |
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Info-Tech
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Telecommunications Nokia chief meets Manmohan Our Bureau
New Delhi , May 11 THE Nokia Chairman and Chief Executive Officer, Mr Jorma Ollila, on Wednesday met the Prime Minister, Dr Manmohan Singh, to give a brief about the company's investment plans in India. Mr Ollila is in the country with the entire Nokia board. Terming India as its fifth largest market, Mr Ollila said Nokia would start production of handsets in the first-half of the next year at its Chennai plant. "We expect to start production in the first half of next year. We have a very tough time-table but we will meet that goal," Mr Ollila told reporters here after meeting the Prime Minister. "We are committed for the long term and we have been very well received. We have had good cooperation from the Central as well as Tamil Nadu Governments." Regarding the meeting today, he said: ``It was very positive, had very good discussion about Indian economy, our investment going forward and the Prime Minister showed very much interest in telecom industry."
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