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Nokia's sales in India up by 97% in 2003 - report

Nordic Business Report, March 25, 2004

NORDIC BUSINESS REPORT-25 March 2004-Nokia's sales in India up by 97% in 2003 - report(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com

Finnish telecomms solutions provider Nokia reportedly increased its sales in India by 97% in 2003.

The sales in India had increased to USD1.21bn, making India Nokia's second fastest growing market area, according to the newspaper Business Standard.

Sales in India accounted for 3.6% of Nokia's total sales, reported Bloomberg, quoted by the online edition of the Finnish business newspaper Kauppalehti.

One US dollar (USD) is worth approximately 0.547 British pounds (GBP).

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