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Nokia Climbs 3% on Five-Year India R&D Deal; Ericsson Edges Higher

  • L&T Technology Services announced a five-year contract with Nokia to support engineering and research and development activities in India.
  • L&T Technology Services will establish an Offshore Development Center and a dedicated engineering team in India for Nokia’s engineering and R&D initiatives.
  • Nokia’s Vivek Jaiswal called India an important innovation hub and L&T Technology Services a critical partner for expanding Nokia’s R&D presence.
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  • 83% of the sources lean Right
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India Shorts broke the news on Monday, October 26, 2026.
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