Nokia to expand production of OLTs at Chennai factory to growing demand.

Telecom equipment maker Nokia recently said that it will expand manufacturing of passive optical network (PON) optical line terminals (OLTs) at its factory in Sriperimbudur near Chennai.

The decision comes in response to increasing demand from local customers in India, as well as international markets, the company said in a statement.

Shifts in consumer behaviour, from home working to data-rich entertainment services, are driving demand for broadband. This demand is matched by strong institutional support with significant funding from governments and private equity funds around the world that are driving investments in broadband and fiber connectivity, it said.

Nokia is currently a participant in the government’s production linked incentive (PLI) scheme, and is extending its production capacity into Chennai in response to growing demand.

“The importance and criticality of high-speed broadband have never been more pronounced than it is today. As the momentum towards 5G networks and new hybrid usage models push operators towards increasingly distributed network architectures, service providers are investing in fiber to build out and upgrade their existing networks,” said Sandy Motley, President Fixed Networks at Nokia.

Nokia is the leader in FTTx solutions globally and is innovating rapidly to introduce next-generation PON solutions, he said.

“We are happy to add the manufacturing capacity in India to better address increasing demand in the region and worldwide,” Motley added.

HBL