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Nokia confirmed the organisation restructuring. “The operational model is designed to give more autonomy and independence to the business groups and provide better agility and speed to support our customers in India and globally,” Nokia said in an emailed response to ET’s queries.
Nokia is streamlining its India operations, with Tarun Chhabra appointed as new country head. The new structure includes three key business verticals: mobile networks, cloud and network services, and network infrastructure.
The rejigs and job cuts - in line with global restructuring at the telecom equipment maker - come amid a weak India business environment in the face of reducing 5G capex spends by top telcos Bharti Airtel and Reliance Jio as well as major customer Vodafone Idea's continuing financial struggles.
"Tarun Chhabra will continue in his role of Head of Mobile Networks Market India in addition to assuming India Country Manager responsibilities," the company said in a statement.
Tarun Chhabra succeeds Sanjay Malik, who will remain in the company till March 31, 2024.