Business Daily from THE HINDU group of publications Friday, Jun 27, 2008 ePaper | Mobile/PDA Version | Audio |
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Info-Tech
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Telecommunications States - Tamil Nadu Nokia Siemens plans Rs 300-cr plant near Chennai Our Bureau Chennai, June 26 Nokia Siemens Networks Ltd, a subsidiary of Nokia Siemens Networks B.V., Netherlands, plans to set up a Rs 300 crore manufacturing facility for telecommunication products near Chennai. Sipcot estateAccording to an official press release, the company will set up the project at the Sipcot industrial estate at Oragadam about 50 km to the west of Chennai. The unit will generate over 400 jobs directly and about 100 indirect jobs. The company will invest Rs 300 crore over the next three years. It signed an agreement to this effect with the Tamil Nadu Government. Telecom equipment hubAlong with units set up by Nokia, Motorola, Samsung, the Nokia Siemens Networks’ facility will reinforce Chennai’s position as a telecom equipment manufacturing hub, the release said. Nokia Siemens Networks is one of the top three companies in communications services offering network infrastructure solutions and telecommunications equipment vendor. More Stories on : Telecommunications | Tamil Nadu
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