Nokia has big plans for Chennai
Nokia, the Finnish mobile handset major, is planning to locate its Network Operations Centre, for Asia operations, in Chennai, Union Minister for Communications and Information Technology, Dayanidhi Maran, said on Monday.
This is in addition to its plan to set up a mobile handset manufacturing unit near Chennai with an investment up to $150 million, Maran said after launching HCL's low cost personal computer in Chennai.
"Besides this manufacturing unit, the NOC is also expected to be located in Chennai. We are expecting the statement from the company soon," he added.
The Chennai manufacturing unit will be Nokia's tenth mobile device production facility globally and will roll out India specific GSM and CDMA handsets.
The company had said skilled labour, friendly business environment, support from government, logistics connections and overall cost efficiency criteria were the key factors to choose Chennai.
The production from this unit is expected to begin in the first half of 2006 and the company is likely to employ about 2,000 people.
Maran said more companies were expected to set up telecom manufacturing facilities in India in the future.
According to a report, the government was expecting $800-900 million FDI in telecom manufacturing segment during this fiscal.
http://inhome.rediff.com/money/2005/aug/01nokia.htm
This is in addition to its plan to set up a mobile handset manufacturing unit near Chennai with an investment up to $150 million, Maran said after launching HCL's low cost personal computer in Chennai.
"Besides this manufacturing unit, the NOC is also expected to be located in Chennai. We are expecting the statement from the company soon," he added.
The Chennai manufacturing unit will be Nokia's tenth mobile device production facility globally and will roll out India specific GSM and CDMA handsets.
The company had said skilled labour, friendly business environment, support from government, logistics connections and overall cost efficiency criteria were the key factors to choose Chennai.
The production from this unit is expected to begin in the first half of 2006 and the company is likely to employ about 2,000 people.
Maran said more companies were expected to set up telecom manufacturing facilities in India in the future.
According to a report, the government was expecting $800-900 million FDI in telecom manufacturing segment during this fiscal.
http://inhome.rediff.com/money/2005/aug/01nokia.htm
