Nokia Plans Major India Push with Enterprise, Data Centres

• Nokia to launch mmWave FWA in India in 6 months; double enterprise business in 3 years.
• Enterprise market $16B in 2024, to $22B by 2030; private 5G to $17.5B.
• Focus on quantum security, scalability, low-latency for data centres.

Telco major Nokia from Finland will move beyond core service providers in India to focus on headlong growth in enterprise, data centre, and hyperscaler segments to drive future revenue. The company intends to roll out millimetre-wave fixed wireless access (FWA) products in 6 months and aims to double its enterprise and hyperscaler business over the next 3 years.

Prashant Malkani, Nokia’s Country Head for Network Infrastructure in APAC, announced that partnerships in banking, utilities and defence continue to be finalized which should close before the end of the year. Service providers will remain the principal focus, but this diversification is in line with India’s growing tech market. Malkani says, “Partnering with a world-class partner like Nokia brings the industry’s best practices to improve network performance while reducing capex and opex.”

In 2024, India’s enterprise networking market measured at $16 billion and the growth trajectory exhibits it is likely to exceed $22 billion by 2030. Private 5G subscriptions are expected to grow from $3.86 billion in 2025 to $17.5 billion in 2030. Data centre capacity in India has increased from 350 MW in 2019 to 1,263 MW in 2025 and is expected to increase to approximately 3.5 GW by 2030 with approximately $25–30 billion in planned investments.

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According to Vinish Bawa, PwC India’s Telecom Sector Leader, “Hyperscalers will be the growth engine for this development, and data and private 5G will continue to evolve as new business models for global and Indian data centre operators, telcos, and tech players in India.”

Nokia’s push for growth is built on three pillars: quantum-safe network security, scalable enterprise systems, and data centre and private 5G systems with low latency. Nokia has also used its presence in India, leveraging its R&D facility located in Bangalore and its Noida manufacturing partnership, to position itself for this expansion opportunity.

 Bawa called the goal to double size and scale “ambitious but achievable,” adding, “The challenge will be execution velocity and align the ecosystem but not the market opportunity.” This ambition also coincides with the acceleration of India digital infrastructures, AI demands and represents the largest bet that Nokia has made in an important global market.