1. Nokia’s Chennai plant revival plan gathers steam

Nokia’s Chennai plant revival plan gathers steam

A high-level team met officials and asked the Tamil Nadu govt to announce a package for the revival of Nokia plant as the state is the highest stakeholder in the issue

By: | Chennai | Published: August 22, 2015 12:37 AM

The task force formed by the Centre to revive mobile manufacturing in the country on Friday requested the Tamil Nadu government to set up a similar committee at the state level to help restart the now-defunct Nokia plant at Sriperumpudur as well as revive the electronic production ecosystem.

A high-level team, headed by chairman Pankaj Mohindroo, who is also the national president of Indian Cellular Association met C V Shankaran, principal secretary, industries department and TK Ramachandran, secretary, information technology, and asked the Tamil Nadu government to announce a package for the revival of Nokia plant as the state is the highest stakeholder in the issue.

Speaking to FE, Mohindroo said: “We have asked the Tamil Nadu government to put its to best foot forward to revive the Nokia plant. It is in their backyard, the state has the maximum stake and the Tamil Nadu government should feverishly be working out packages, just like in the aftermath of disaster similar to that of Tsunami,” he said.

The state has lost thousand of jobs because of the closure of the Nokia plant apart from huge revenue loss. “Talks have been good and the officials taken note of our viewpoints, Hope that the plant would get revived soon, bringing heydays to Tamil Nadu,” he said. ” In my view Tamil Nadu has to take steps to see that the plant is revived in another three months’ time. Industry’s initiative in this regard will be to help improve the environment, so that a prospective buyer comes forward,” he said. There are talks about the possibility of Foxcconn taking over the plant.

Elaborating on the industry’s interest in reviving the Nokia plant Mohindroo said that in order to achieve the goal of making India the second largest mobile manufacturer in the world, the country has to build capacities. ” We have committed 500 million handset production in another six months’ time. There were two ways to enhance capacities, either by new manufacturing plant or reviving the idling capacities. Here we have gigantic capacity idling at the Nokia plant and we want to revive it. It also generates employment opportunities to the tune of thousands,” he said.

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