HMD Global, the maker of Nokia phones, is relocating its manufacturing hub from China to India to boost production efficiency and align with India's "Make in India" initiative.

HMD’s CEO and VP for India and Asia Pacific, Ravi Kunwar, said the company has relocated critical operations, including its supply chain sourcing team, to India.

Currently, HMD exports phones to West Asia and Africa but plans to expand to the US and Europe due to changing global trade dynamics.

HMD Global is reportedly shifting a significant portion of its manufacturing operations from China as part of the Nokia phone manufacturer’s broader strategy to establish India as its global manufactu

HMD Global, the Finnish giant behind Nokia-branded phones, is moving a major chunk of its manufacturing from China to India. The move comes as part of HMD's plan to make India a global production hub and capitalize on changing geopolitical dynamics.

Nokia phone maker, HMD, is shifting major part of its manufacturing operations from China to India. The Finnish handset maker is making the move as part of its broader strategy to make India its global manufacturing hub.

Human Mobile Devices is gearing up capacities and local supplier ecosystem in anticipation of higher levels of exports from India to global markets amid higher tariffs expected to be levied on Chinese products by the incoming US government under President-elect Donald Trump.

Nokia phone maker HMD is shifting a significant portion of its manufacturing from China to India as part of its global expansion strategy