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Nokia Eyes GCC And Research Expansion in Karnataka

Written by: Team Angel OneUpdated on: 24 Jan 2026, 2:51 pm IST
Nokia plans Karnataka expansion with proposed GCC and new research centres following talks at WEF Davos 2026.
Nokia Eyes GCC And Research Expansion in Karnataka
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Nokia Corporation has expressed interest in expanding its presence in Karnataka by setting up a Global Capability Centre (GCC) and additional research centres, following high-level discussions with the State government at the World Economic Forum (WEF) Annual Meeting 2026 in Davos. 

Major Developments 

Industries Minister M.B. Patil said Nokia, which already operates its largest global research centre in Bengaluru and has been associated with Karnataka for over 25 years, is exploring expansion opportunities across the State, including Tier-2 cities.  

The government has assured full support for Nokia’s future investment and expansion plans, reinforcing Karnataka’s positioning as a preferred destination for global technology and innovation-led investments. 

Key Statements & Insights  

The Minister also reiterated the State government’s commitment to supporting the World Economic Forum’s ‘Yes–BLR UpLink’ initiative, which seeks to develop the ‘Yes Bengaluru’ programme on sustainable urban development into a globally recognised platform for government–industry collaboration. 

Separately, the government engaged with global cybersecurity firm Cloudflare regarding potential participation in the ‘KWIN City’ project and future expansion. U.S.-based space technology company Vast Space also expressed interest in collaborating with Karnataka in areas such as space technology, advanced manufacturing and innovation-driven initiatives. 

Additionally, Crescent Enterprises of the UAE and U.S.-based aerospace firm Voyager Technologies conveyed interest in partnership opportunities, with Voyager also proposing collaboration with ISRO on space technology and research initiatives. 

Read More: Nokia and Airtel Unlock Network APIs for Developers to Create New Digital Solutions! 

Conclusion 

The engagements at Davos underline Karnataka’s growing global appeal as a hub for technology, innovation and advanced manufacturing, while strengthening its international investment outreach. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jan 24, 2026, 9:21 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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