www.skpcrossborder.com Oct 2005
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India Inc - Investment briefs

Nokia to set up global network operations centre in India

Nokia plans to set up a global network operation centre in India that will service its managed networks in Asia Pacific, Europe and Africa.

“Given Nokia’s strong commitment to expanding its services business, plus the positive experience it has enjoyed in India as both a growth and services market, the decision to locate the operation centre in India was easy to make,” said Mr. Simon Beresford-Wylie, executive vice-president and general manager (networks) and member of the Nokia group executive board.

While the exact location is not yet known, the new centre is likely to employ up to 100 people.

Nokia’s current India operations include networks and terminals sales divisions, three R&D facilities and an upcoming manufacturing facility in Chennai that will produce both terminals and GSM infrastructure equipment.

Motorola plans to set up manufacturing base

Telecom equipment major Motorola is considering setting up a manufacturing facility in India

As per a proposed government policy, vendors would need to have local manufacturing facilities to be able to bid for tenders of telecom PSUs (Public Sector Units) and Motorola is keen on fulfilling the criteria.

Edward Zander, chairman and chief executive officer of Motorola, said that the company was planning to invest about $ 100 mn over next three years on expanding its presence in India. He also stated that Motorola will focus on gaining market share in the country as well as the distribution network in the GSM segment.

The company is in talks with the Cellular Operators Association of India for launching handsets that were priced at the lower-end and has also lined up a series of handset launches

It is also in talks with telecom operators to manage their networks and has signed a deal with Hutch for managing its network in Thailand.

Motorola is also keen on expanding the use of its technology in other fields including defence and transportation, in an attempt to further tap the research and development expertise in the country. With this end in view it is likely to increase its staff in India by about 1,000 by the end of next year from the current 3,000.

Manipal Education to service British NHS

The Manipal Education & Medical Group (MEMG) has invested in a UK firm, 4 Ways Healthcare, to provide teleradiology services for the British NHS (National Health Services). NHS has a huge shortfall of medical professionals, and it is said that there are still over a million people in the UK waiting for NHS treatment.

A leader in the Indian healthcare business, MEMG will offer a mix of onshore and offshore teleradiology services (reading of CT scans, MRIs etc). While a team of doctors will be located by MEMG at the 4 Ways “TeleRad” Centre, near London, some of the teleradiology services will be off-shored to Manipal’s facility in India.

MEMG has immediate plans to provide Indian doctors to 4 Ways to offer ophthalmologic, orthopaedic and ENT services.

TACO to acquire German auto co

Tata AutoComp Systems Ltd (TACO) recently revealed plans to acquire the business and assets of Wundsch Weidinger, through the 100 per cent subsidiary set up in Germany

The automotive components supplier, which makes functional plastic parts and systems for the automotive industry, had filed for insolvency in March 2005. With a facility in Coburg in the state of Bavaria (Germany), it offers development, tool shop, precision injection moulding, surface enrichment and assembly operations.

The acquisition would provide access to the European market for the interiors business of TACO.

Weidinger also comes with a customer base of Original Equipment Manufacturers such as Audi, Bentley, BMV, Daimler Chrysler, Volkswagen and Volvo.

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India Inc
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Nokia to set up global network operations centre in India
Motorola plans to set up manufacturing base
Manipal Education to service British NHS
TACO to acquire German auto co
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