Nokia is gonna be "Made in Bangladesh"

Nokia is gonna be "Made in Bangladesh":

Vibrant Software (BD) Ltd, a joint venture of UK based Vibrant Software and Bangladesh's Union Group, secured a provisional license from the Bangladesh Telecommunication Regulatory Commission (BTRC) this March for manufacturing and assembling Nokia phones locally. the production was set to begin before Eid-al-Fitr, but the company changed their plans amid the spike in Covid-19 infections.

The brand will focus on the same some segments in the Bangladeshi smartphone market as they strategized before. Vibrant Software (BD) Ltd will have to follow 25 terms and conditions to get the full approval – Category-A certification – from the BTRC. But the journey wasn’t so easy. On 24 May 2017, Vibrant Software (BD) Ltd signed a land lease agreement with Summit Technopolis Ltd – a subsidiary of Summit Group – to set up a mobile phone assembling plant along with two other facilities. But it took four years to get the license for setting up the factory. The BTRC finally granted a provisional certificate for Mobile Phone Handset Manufacturer and Vendor Enlistment Certificate to Vibrant Software (BD) Ltd for three years on March 23. Under the certification, the vendor will be allowed to import four types of parts, including PCB, PCBA, CKD and SKD parts. Bangladesh will be able to meet the local market demand with domestically manufactured handsets if other brands open factories here along with Nokia by 2022.