Tamil Nadu - Chennai   

Flextronics project on track

Staff Reporter

To be established at a cost of Rs. 450 crore, it will employ 5,000 people

CHENNAI: The upcoming facility of Flextronics at Sriperumbedur for manufacturing a host of telecom and electronic communication equipment, including set-top boxes, is likely to be inaugurated either in late October or early November this year.

Coming up at an investment of $100 million (about Rs. 450 crore), it will provide employment to 2,000 people on completion of the first phase. This will increase to 5,000 after the second phase, Flextronics Managing Director and President (Asia) Peter Tan said on Wednesday.

Briefing reporters after meeting Union Communications and Information Technology Minister Dayanidhi Maran, Mr. Tan said the company planned to invite the Prime Minister for the inauguration.

Mr. Tan briefed Mr. Maran about the progress of the project.

About component suppliers, whose facilities will be located at the Special Economic Zone spread across about 50 acres, he said though there were plans to bring in such suppliers, the details had not been firmed up.

Mr. Maran said the Flextronics plant would draw more such investments into Tamil Nadu. It would make more companies in related and allied fields to consider Chennai for locating their facilities.

State Industries Secretary Shaktikanta Das said investments by companies such as Nokia, Motorola, Flextronics and Foxconn were poised to position Chennai as a global hub for electronic hardware manufacturing, "at least in Asia."

Flextronics, he said, was an original equipment manufacturer for leading mobile handset manufacturers, including Nokia and Sony Ericsson. Trial production at the plant, he said in reply to a query, was likely to begin next month.

Flextronics, a Fortune 500 company, signed a memorandum of understanding for the project with the Tamil Nadu Government in October last year.

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