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Saturday, March 10, 2007
Nokia’s Amazing India Success Story
The Economic Times reports that Nokia gets bigger than Unilever in India to become the largest multinational operating in the fast growing economy. This is significant – displacing Lever, the iconic name in India for several decades. Look at it: Nokia has about 75% plus share of the GSM handset market in India – this is amazing. Am sure the Koreans would launch a major offensive against Nokia in the Indian market in the days to come. Nokia is approaching 30% market share in China, well ahead of the 10% controlled by No. 2 Motorola Inc. China & India are critical to Nokia for its future success.
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