India overtook US to become Nokia's No. 2 market

India overtook the U.S. in the second quarter to become Nokia's second-largest market, reflecting the rapid growth of mobile phone use in the country. China remained Nokia's biggest market worldwide. The Indian market has been growing at a fast pace. The country added 7.3 million cellphone subscribers in June, taking the total to 185.1 million, […]

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India overtook the U.S. in the second quarter to become Nokia's second-largest market, reflecting the rapid growth of mobile phone use in the country. China remained Nokia's biggest market worldwide.

The Indian market has been growing at a fast pace. The country added 7.3 million cellphone subscribers in June, taking the total to 185.1 million, according to the Telecom Regulatory Authority of India.

Nokia's announcement Thursday coincided with a visit to the country by its president and CEO, Olli-Pekka Kallasvuo. The company did not provide actual sales figures.

Nokia set up a manufacturing facility at its Telecom Park in Sriperumbudur, Chennai, to help tap the growth. The factory has produced 60 million handsets since it opened 18 months ago. Half of those are sold domestically, with the other half exported to the Middle East, Africa, South Asia, Australia and New Zealand, a Nokia spokeswoman said.

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India, US, U.S., Nokia, Cellphone, Mobile Phones

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Deepak Gupta is a IT & Web Consultant. He is the founder and CEO of diTii.com & DIT Technologies, where he’s engaged in providing Technology Consultancy, Design and Development of Desktop, Web and Mobile applications using various tools and softwares. Sign-up for the Email for daily updates. Google+ Profile.