Nokia Siemens Networks ( NSN) winding up Kolkata, based factory on July 31 – Setback For India

In continuation to NSN broader strategy to realign business unit to focus on upcoming high demand business and reduce cost,; NSN served notice to employees and concerned government authorities in India for the closer of Kolkata based fixed line equipment manufacturing unit.
Last year NSN offered VRS as well as internal transfers to eligible employees fulfilling Job Profiles. Unfortunately few employees realised the gravity of situation and opted for VRS at higher separation package. In notice, NSN clarified that they are focusing on Mobile broadband compared to diminishing fixed line business.

Given the recent regulation, Telecom gear makers must manufacture telecom and networking gear in India to gain access to government and non-government contract bidding eligibility. On a contrary to that NSN move may be seen as negative 

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