Tuesday, December 06, 2005

Is Nokia leaving India?

Just as I posted about Nokia’s “We move not” assurances for China, it seems that it is India that really needs those assurances. Nokia is planning an investment in India that would benefit from special tax brakes for example in a form of toll free imports. All is well on planning board, but now Indian governmental bureaucracy is taking its toll and licenses are still in the making. Nokia is getting nervous and possibly scouting alternative locations for their investment. Read more here.


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