Why Nokia’s threats to quit India should be taken seriously

It is a quit India movement of sorts. Fed up companies, both Indian and global, are on their way out of the country, as they see no end for their woes here. The latest addition to the list is Nokia. According to a report in the Indian Express today, the Finnish mobile handset maker has sent a letter to the government saying India is the “least favourable market” and exporting from China makes better business sense.

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