HMD Global, which designs and sells Nokia brand of smartphones and feature phones, on Tuesday said India has become one of its top three global markets within 11 months of launch. HMD Global is also pumping in significant investment into the Indian market as it looks to become one of the leading players in the country in the next 3-5 years.
“We started our journey just 11 months ago. India is already among our top 3 markets. There is a potential in India to become our biggest country because of the country size and also combination of our position as Nokia in the past,” said HMD Global CEO Florian Seiche. He added that the company has introduced a line-up of 11 devices -- both feature and smartphones -- to cater to various consumer segments in the country.