Nokia Siemens to set up new facility in TN

Nokia Siemens Networks, a subsidiary of the Netherlands-based Nokia Siemens B.V. , one of the leading manufacturers of telecom equipment in the world, will be setting up a production facility at the SIPCOT Orgadam high-technology special economic zone, investing Rs 300 crore over three years.

Written by Corporate Bureau

June 27, 2008 00:08 IST

The plant will produce mobile phone equipment and other hardware products for the telecommunication equipment. It would employ 400 people directly and another 100 indirectly.

Already Nokia, Motorola, Samsung and several leading telcommunciation equipment manufacturing companies have set up their base in Tamil Nadu. The arrival of Nokia Simens will make the State the hub of telecom industries in the country, says an official release.

The memorandum of understanding to set up the new plant was signed in the presence of Chief Minister M Karunanidhi here on Thursday by M F Farooqui, State industries secretary and Suresh Wadhwani, director of Nokia Siemens.

This article was first uploaded on June twenty-seven, twenty eight, at eight minutes past twelve in the am.