Piyush Goyal Invites Nokia to Expand India Investments

Helsinki: Union Minister of Commerce and Industry Piyush Goyal held a high-level meeting with Nokia Corporation President and CEO Justin Hotard and the company's senior leadership in Helsinki, focusing on strengthening India's position as a global telecom manufacturing and innovation hub.

Held a productive meeting with @Nokia Corporation President & CEO @JustinHotard and their senior leadership in Helsinki.

Discussions centred on expanding Nokia's manufacturing footprint in India, scaling up exports from India-based facilities, and deepening R&D and research… pic.twitter.com/vxGRKGA5dA

— Piyush Goyal (@PiyushGoyal) July 17, 2026

The discussions centered on expanding Nokia's manufacturing footprint in India, increasing exports from its India-based facilities, and boosting investments in research and development. The meeting also explored opportunities to deepen collaboration in advanced telecommunications technologies.

Goyal highlighted India's rapidly growing telecom market, world-class engineering talent, and the opportunities offered by the 'Make in India' initiative. He invited Nokia to leverage India's robust manufacturing ecosystem and innovation capabilities to further strengthen the India-Finland technology partnership.

A key area of discussion was enhancing telecom network security and building resilient, trusted global supply chains to support the evolving digital economy.

The meeting underscores India's continued efforts to attract global technology investments while reinforcing its commitment to becoming a leading destination for telecom manufacturing, innovation, and exports.