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Nokia phone-maker HMD shifts manufacturing hub from China to India
short by Debaroti Adhikary / on Tuesday, 26 November, 2024
Nokia phone-maker HMD is moving major part of its manufacturing operations from China to India. "A bulk of what we used to do out of China is being moved to India...Slowly and gradually, we've been strengthening our India leg," HMD India CEO Ravi Kunwar said. The company is also asking its electronic component suppliers to set up factories in India.
read more at Moneycontrol