Nokia expands Fixed Networks R&D in Chennai with a ₹450 crore investment, creating 100 jobs and a global testbed.
Nokia plans to expand its Fixed Networks R&D operations in Chennai, India, by signing a Memorandum of Understanding (MoU) with the Tamil Nadu state government. The investment of ₹450 crore ($59.4 million) will create 100 specialized jobs and establish the world's largest fixed network testbed, focusing on 10G, 25G, 50G, and 100G PON, Fixed Wireless Access, MDU solutions, and access network and home controllers. The Tamil Nadu government will provide Nokia with essential infrastructure, regulatory, and policy support, reinforcing the state's position as a global destination for R&D and technology services.
August 29, 2024
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