Think India is still an emerging market? 25% of Nokia’s sales in that region are from E and N Series devices, flagship store to open in Mumbai
By Stefan Constantinescu on Wednesday, September 5th, 2007 at 4:13 PM PST In Nokia
In a statistic that is sure to shock you as much as it did me, a quarter of Nokia (NYSE: NOK)’s sales in India are from the mid to high end E and N series devices. Talk about impressive, Nokia is also going to locate the headquarters of NSN in India. Read more about this country who recently took America’s spot as Nokia’s number 2 region in sales in this Business Week interview with Nokia CEO Olli-Pekka Kallasvuo.
On that same token, there is news that Nokia’s 7th flagship store will open in Mumbai. All my inital connootations of the Indian market have been incorrect, I’m actually keen on visiting now and seeing the region for myself.
Hi Stefan
As a longtime admirer of your blog posts, I would be more than happy to show you around Mumbai, if and when you decide to make a visit.
If you use statictics (Google for exaple) on your site you can see that half of your visitors are Indian.
hey stefan, times have changed now. every mobile handset manufacturer wants to have a larger pie of share in the indian market. And Nokia is a rage here in India. Believe me. Indians are used to Nokia’s UI and also its good built quality. Lastly Nokia phones are one which fetch the highest resell price.
Hey Stefan,
I extend a very warm invitation to you to visit India.
Im from Chennai near which Nokia has its factory.