Telecom gear maker Nokia on Thursday reported a 15 per cent decline in India sales to 250 million euro (about Rs 2,113 crore) in the December 2021 quarter. The company had recorded net sales of 294 million euro a year ago. For the full year ended December 2021, the company's sales in India grew by 9 per cent to 1,039 million euro from 954 million euro at the end of 2020. On a constant currency basis, the sales of Nokia declined by 19 per cent during the reported quarter on a year-on-year basis and annual revenue increased by 13 per cent. "From a regional perspective, (net sales in) North America, Asia Pacific, Greater China and India declined on a constant currency basis. This was partly offset by increases in Europe, the Middle East and Africa and Latin America. Net sales in North America decreased 12 per cent on a constant currency basis, primarily due to Mobile Networks, partly offset by growth in network infrastructure. The decline in the Asia Pacific was primarily driven by .
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