Salcomp to kick-start ops from former Nokia factory in Tamil Nadu
Once a symbol of India’s economic success story, the Nokia factory in Sriperumbudur, 50 km from here, will come alive by the end of this month after being defunct for six years.
Salcomp, the Finnish electronics equipment manufacturer that bought the plant last year for Rs 215 crore, will launch operations in the “next few days,” in yet another boost to the ambitious ‘Make in India’ programme.
Nokia was the first mobile phone manufacturer to step onto the Indian soil to set up its unit way back in 2006. The plant was once India’s pride as it was one of the largest manufacturing units in the world producing one crore mobile phones a year and had employed 30,000 people directly and indirectly.