Get All Access for $5/mo

Nokia To Setup Largest R&D Lab in Chennai With INR 450 Crore Investment Nokia has announced the expansion of its Fixed Networks R&D facility in Chennai, Tamil Nadu with an investment of INR 450 crore

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

LinkedIn

Nokia has announced the expansion of its Fixed Networks R&D facility in Chennai, Tamil Nadu, marking a significant milestone for the company. Supported by the Tamil Nadu government, this new R&D lab is set to become one of Nokia's largest globally and the most extensive for its Fixed Networks division. The expanded facility will serve as a critical hub for innovation in Fixed Networks, focusing on advancements in 10G, 25G, 50G and 100G passive optical networks (PON), Fixed Wireless Access, Wi-Fi, multi-dwelling unit (MDU) solutions and access network and home controllers, the company said in a statement on Friday.

The Tamil Nadu government has played a pivotal role in this expansion by providing essential infrastructure, regulatory and policy support, in line with current policies. This collaboration emphasises Chennai's growing strategic importance in Nokia's global operations and the region's rising status as a technological innovation centre.

Dr. TRB Rajaa, Minister for Industries, Government of Tamil Nadu, said, "Today, Tamil Nadu has evolved into a global destination of choice for R&D and technology services. Nokia has been a long-standing partner in Tamil Nadu's growth story, and it is a matter of pride for us that the new facility, the largest fixed network lab within Nokia and probably the whole world, will be in Chennai. This is a result of path-breaking initiatives of the Honourable Chief Minister of Tamil Nadu Thiru. M.K. Stalin, like Naan Mudhalvan and the Tamil Nadu R&D Policy 2022, which have also led to unprecedented investments. It is our endeavour to sustain this momentum and generate high-value employment opportunities for our youth."

To formalise the expansion, a Memorandum of Understanding (MoU) was recently signed between Guidance Tamil Nadu and Nokia. The signing took place in San Francisco, California, USA, in the presence of Thiru. M. K. Stalin, Chief Minister of Tamil Nadu, and Dr. T. R. B Rajaa, Minister for Industries, Government of Tamil Nadu.

"Our R&D footprint in Chennai is critical to our Fixed Networks strategy. This investment highlights our dedication to India and global technology advancements, and allows us to further leverage the abundant talent pool in the region. This MoU solidifies our collaboration with the Tamil Nadu government to jointly drive telecom industry innovations, expanding our world-class R&D hub in Chennai," said Vimalkumar Kothandaraman, head of fixed networks for Asia Pacific at Nokia.

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
Innovation

Use This Scientific Approach to Transform Your Idea Into a Million-Dollar Success

Even when approaching the unknown, we always have a tool to draw conclusions for better-informed decision-making — the scientific method.

News and Trends

Nazara Technologies Acquires 47.7% Stake in PokerBaazi's Parent Moonshine Technology for INR 982 Cr

Nazara Technologies has made strategic acquisitions in six startups since FY25, including e-sports startup STAN, Fusebox Games, Paper Boat Apps, and assets of DeltiasGaming, strengthening its gaming portfolio.

News and Trends

Zoho Launches AI-powered Zoho Analytics Version

It incorporated several modern technologies, also OpenAI

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

News and Trends

Yotta's Newly Launched Shambho Accelerator Program to Boost 3,600 Deeptech Indian Startups

At the heart of the Shambho Accelerator Program is Yotta's Shakti Cloud, a high-performance computing platform powered by NVIDIA's H100 Tensor Core GPUs, designed specifically for AI and HPC workloads.