| The company has committed a multi-million dollar investment in the unit which is expected to employ around 1,00 professionals. It is likely to be operational in a year. |
| Elcoteq manufactures for global conglomerates such as Nokia and is in conversation with its existing and potential clients to manufacture a part of their requirements from its Bangalore unit. |
| The Bangalore unit will be the 13th for Elcoteq and the operations will increasingly look at sourcing from Indian suppliers to achieve economies of scale. |
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