Business Daily from THE HINDU group of publications
Monday, Apr 28, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Monday, Apr 28, 2008 ePaper | Mobile/PDA Version | Audio |
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Info-Tech
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Telecommunications Corporate - New Projects States - Tamil Nadu Motorola’s Sriperumbudur plant goes on stream T.E. Raja Simhan Sriperumbudur, April 27 Motorola’s manufacturing facility at Sriperumbudur, 45 km West of Chennai, was inaugurated today by the Chief Minister of Tamil Nadu, Mr M Karunanidhi. The plant, set up at an investment of Rs 172 crore, can produce 12 million mobile phone handsets and 6,500 base terminal stations is Motorola’s largest outside the US. Motorola’s facility is the newest in the Sriperumbudur landscape which is fast becoming a global electronics manufacturing hub. The emerging industrial city houses several world majors such as Nokia, Foxconn and Flextronics. According to the Union Commerce Secretary, Mr Gopal Pillai, who spoke at the inauguration function, Sriperumbudur units would provide employment to 100,000 people in the next two years. The Union Minister for Communications and IT, Mr A. Raja, said that the Government of India would soon allow telecom companies to launch third generation services, modalities for which are being finalised, in conformity with the recommendations of the Telecom Regulatory Authority of India. Tops targetThe Minister said that last year, India surpassed its target of adding 275 new telephone lines and was confident of meeting 500 million watermark by 2010. Several new mobile service providers have been given permission and they would start operations over the next two years, he said. Mr Gopal Pillai put the cumulative investments in the Special Economic Zones at $ 16 billion (Rs 67,000 crore). These investments have created 170,000 new jobs, he said. More Stories on : Telecommunications | New Projects | Tamil Nadu
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