Nokia eyes 50 per cent market share in India by 2012

Nokia is betting on newly unveiled mid-end phones from the 'Asha' series priced between Rs 4,100 and Rs 8,000

PTI | October 28, 2011



Finnish mobile handset maker Nokia on Thursday said it is targeting over 50 per cent market share in India on the back of innovative products, services and content within 2012.

The company is banking on its newly unveiled mid-end phones from the 'Asha' series priced between Rs 4,100 and Rs 8,000 and other smartphones, including the new two Lumia models with Windows Operating System tagged at about Rs 29,000 and Rs 19,000 respectively, to drive up sales in India.

"Our target share should always be more than half of the total market...I think we would be able to get there in 2012 by focusing on great innovative products, great delivery and experience at retail points, services and content integration," Nokia India Vice-President and Managing Director D Shivakumar told reporters here.

When asked about the company's current market share in India he said: "I won't be able to say that but I can say that we are well on our way."

Nokia is eyeing a majority share across categories within the total mobile and smartphones segment.

According to industry journal 'Voice & Data', in the fiscal 2010-11, the Indian mobile handset market touched Rs 33,171 crore and Nokia's share was Rs 12,929 crore.

"India is not the right market for anybody to just do a value play in any one category. If you want to be meaningful, you have to be a full line player," he added.

Nokia has unveiled four new mid-end phones from the 'Asha' series priced between 60 Euro and 115 euro, along with two new Lumia smartphones with Windows Operating System tagged at 420 euro and 270 euro respectively.

"The Asha range will be a huge boon in a market like India, where the total Internet penetration is under seventy million and the total mobile population is over 800 million," he said.

To support the launch of Lumia phones in India, the company has plans to give demonstrations and let consumers experience the new phones at over 5,000 retail points.

Nokia and Microsoft are training about 12,000 people for this. On the day of the launch, all the employees of Nokia's corporate office in India will be selling phones at stores, Shivakumar said.

"It is the most important launch for us and the benchmark that we have set for ourselves is that it must be the most impactful consumer products launch in the country," he added.

For the Lumia Windows phones, the company is set to launch a new global marketing campaign, including in India.

Nokia says its retail partners and operators have committed to invest three times more on he marketing and promotion of the new phones, compared to earlier launches.
 

Comments

 

Other News

Railways imposed ₹5.13 crore fine for food quality and hygiene violations

Indian Railways serve about 58 crore meals every year on an average. About only 0.0008% food quality related complaints are received on average. Based on complaints during the last three years, appropriate penal actions have been taken by IRCTC. Such actions include imposition of fines amounting to ₹5.13

STHAVAR: Why every Indian built asset needs a permanent digital identity

India has built digital systems for identity, payments, taxation, documents, logistics and public services. State governments, ministries, infrastructure agencies and urban local bodies have also created portals for land records, building permissions, project monitoring, property taxation and municipal s

Saksham Skill census identifies 22,000 job-ready candidates in one Mumbai ward

A first-of-its-kind AI-enabled skill census conducted in Mumbai`s H-West Ward has identified a potential livelihood pipeline of nearly 22,000 candidates, generated over 32,000 provisional job matches while revealing that 71.2 per cent of surveyed homemakers are willing to join the workforce, according to

GI tags: Scaling traditional wealth into global brands

Geographical Indication (GI) tags have emerged as a powerful tool for protecting India`s cultural heritage, while creating economic opportunities for local communities. By linking products to their place of origin, GI tags preserve traditional knowledge, prevent misuse, and enhance consumer trust. They h

BMC: 207 officials in ACB net, 112 still on duty, 68 retire before justice catches up

There are significant delays in the handling of corruption cases involving officials of the Brihanmumbai Municipal Corporation (BMC), a Right to Information (RTI) response obtained by rights activist Jeetendra Ghadge has revealed. As of 30 April 2026, 207 BMC officials face Anti-Corruption Bureau (A

The transformation trap: Why efficiency is not innovation

Every company is transforming, or so it claims.   There was a time when the word ‘transformation’ carried weight. It signified bold strategic shifts, reinvention of business models, and breakthrough technologies that fundamentally changed how organizations created

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter