NOKIA LAUNCHES LUMIA 925 AND 625 IN INDIA Coca-cola says $5-bn India investment on

NEW DELHI: Expanding its Lumia range, Finnish handset maker Nokia on Thursday launched the flagship 925 in India along with 625, its biggest smartphone to date. The company has priced Lumia 625 at R19,999 and the phone will be available in the market in three-four days, while the Lumia 925 is already available in the market for R33,499.

“We have launched 12 Lumia devices in 18 months... thats amazing speed when you have a platform that’s launched from scratch,” Nokia India director marketing, Viral Oza said.

Lumia 625 features a 4.7-inch LCD screen, which can be viewable in direct sunlight and offers a super-sensitive touch technology for operation with gloves or nails. Lumia 925 is the flagship device, which is lighter than the earlier model and has a metal design. NEW DELHI: The world’s largest soft drinks maker, on Thursday said it won’t slow down its $5 billion investment plans in India despite the current slowdown, saying it expects the country to be in its top five global markets within the next seven years.

The company, which is celebrating 20 years of operations in India since its re-entry in 1993, however, said it is exploring “other options” for its proposed new plant in Karnataka owing to land acquisition issues.

“There is no slowdown in the execution of our investment plans in India, we don’t look at one year. The government is doing what it can, and we are confident India will come out of it,” Coca-Cola International president Ahmet C Bozer said.

He said the world is currently undergoing an economic transition and problems faced by India are not unique to the country and most of the emerging market are facing similar situations.

Last year, t he Atlanta-based beverages giant had announced that it would more than double its investment in India to $5 billion by 2020.

The investment, higher by $3 billion from the previous announcement made in November 2011 for a period of five years, was meant for various activities.

At present, India is CocaCola’s seventh largest market.