Nokia, world leader in Mobile phone technology, announced its plan to expand its manufacturing facility located in Sriperumbudur, Chennai for the year 2008.
Nokia plans to invest approximately 75 million USD in the plant to cater to the requirement and growing demand of its handsets across Asia, Middle East and Africa.
The Plant: Was started in 2006 and employs about 6000 people. It caters to the demand of Nokia mobile phones in markets across Middle East and Africa, Asia, Australia and New Zealand.
Fifty percent of total production from this plant is consumed domestically and fifty percent is exported.