Tamil Nadu   

Chinese telecom giant to set up facility near Chennai

Chennai: Huawei, one of the largest telecom equipment manufacturers in the world, has committed an investment of about $500 million for establishing a state-of-the-art telecom equipment manufacturing facility near Chennai.

According to an official release, Huawei confirmed its proposal on Wednesday, after detailed discussions with Deputy Chief Minister M.K. Stalin, who is leading a high-level investment promotion delegation to China. Mr. Stalin assured support and cooperation of the State government.

Machinery launched

The Deputy Chief Minister also launched the first machinery manufactured by Coimbatore-based Lakshmi Machine Works (LMW)'s wholly owned subsidiary, LMW Suzhou Limited, China, at Wujian Economic Development Zone near Shanghai.

Chinese officials, industrialists and LMW's Sanjay Jayawardhanavelu participated in the function.

The State's investment promotion delegation also visited Shanghai Expo 2010, an international expo in which more than 100 countries are displaying latest and futuristic technologies related to urban living, transportation, automobiles, consumer electronics and environment, the release said.

Mr. Stalin is accompanied by K. Deenabandu his Principal Secretary; Rajeev Ranjan, Principal Secretary, Industries Department; and M. Velmurugan, Vice-Chairman, Guidance Bureau.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Violation of rules
Heightened security in Ambur, Vaniyambadi
Action needed
Boy rescued
352 students receive INSPIRE award
Indian Bank opens branch under Financial Inclusion Plan
Ensure peace and tranquility, Collector's appeal to people
Precautionary measure
Survey records 230 species of birds
They relive fearful memories
Train hits stranded lorry on track
Yellow pages released
Child labourer rehabilitated
Special ward for A(H1N1) patients
Collectors warns traders against selling expired drugs
CBI files charge sheet
“Rs.30 crore sanctioned for renovation of roads”
Industry sceptical over fall in yarn price
Case against man for forcibly marrying minor
Need for better education facilities stressed
Joint patrolling to be conducted on Tamil Nadu-Kerala border for next two days
Amaravathi, Thirumoorthy areas to get a facelift
Man held for causing damage to fish stall
International meet on stem cells in Chennai
Two held for assaulting advocate commissioners
Chinese telecom giant to set up facility near Chennai
State will become job surplus in next few years: Minister
Lab to screen animal feeds for drug residue set up

Copyright © 2010, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu