Latest in Sriperumpudur
Chennai, December 5, 2007: Nokia today announced fresh investments to the tune of USD 75 million towards its manufacturing plant in
Sriperumbudur, Chennai, for the year 2008. This investment is geared towards enhancing the capacity of the manufacturing plant to
cater to the burgeoning need of the Indian and other emerging markets. The manufacturing plant currently employs approximately
6000 people.
Nokia initially committed to invest USD 150 million in early 2006 over a four year period. However, given the buoyant demand for
mobility in India, Nokia has so far cumulatively invested already USD 210 million in its Chennai operations. Today's investment
is an addition to this figure. Nokia started manufacturing from Sriperumbudur in January 2006 and has achieved the distinction of
the fastest ramp up by any Nokia factory worldwide. The plant plays an integral role in Nokia's global production network for mobile
devices and is the tenth manufacturing facility of the company.
"We are extremely pleased with the progress made by our manufacturing plant in Sriperumbudur, Chennai. The decision to make
additional investment in the plant is a reflection of Nokia's commitment to the Indian mobile communications industry and of the
increasing demand for mobile devices from Asia, Middle East and Africa. Nokia will continuously strengthen its manufacturing network
to drive greater agility within the business and increase its competitiveness," said Raimo Puntala, Senior Vice President, Operations
and Logistics, Nokia.
Currently, approximately 50 percent of the production from the plant is consumed domestically and the rest is exported to countries
across Middle East and Africa, Asia, Australia and New Zealand.
"It is a moment of great pride for all of us at Nokia as the India plant sets another benchmark of achieving the fastest ramp up
across all Nokia facilities worldwide. This is a testimony of operational efficiencies achieved through people, processes, global
best practices and standards," said Mr. Sachin Saxena, Director-Operations, Nokia India. "Chennai has proved to be an ideal location
for our manufacturing plant and we are proud of our partnership here," he added.
Nokia's manufacturing facility in Sriperumbudur, Chennai, has been instrumental in enabling Chennai to emerge as the mobile
communications manufacturing hub for India. The Nokia Telecom Park currently has seven global component manufacturers, two of which
are commercially operational and supplying components to Nokia's manufacturing plant in Chennai.
Ref: Nokia
Jul 25 2007, Chennai: Investments of about Rs 9,000 crore, that will lead to creation of over one lakh jobs, are expected to be
made in the Sriperumbudur-Oragadam region, near Chennai, within the next couple of years.
These investments will come from the vendors of Nokia (Rs 3,300 crore) and Flextronics (Rs 2,500 crore) and commitments from
industries in the two Special Economic Zones promoted by the State Government, viz., SIPCOT Sriperumbudur Hi-Tech SEZ
(Rs 1,976 crore) and SIPCOT Oragadam Hi-Tech SEZ (Rs 1,300 crore). This is in addition to the Rs 650-crore investment of Nokia,
Rs 450-crore of Flextronics and Rs 270 crore of Dell.
Including the ‘mother units’, total investments of close to Rs 11,000 crore are to be made in the region. This was disclosed by
Mr K. Rajaraman, Special Secretary, Industries, Government of Tamil Nadu, at a seminar on SEZs, organised by the Industrial Economist
magazine, here today.
Pointing out that 72 SEZs had been granted formal approvals for Tamil Nadu, Mr Rajaraman said that 46 of them are in the neighbourhood
of Chennai. Seven are near Coimbatore. The remaining SEZs are spread across 12 other districts in the State. Mr Rajaraman said that the
72 SEZs include 8 that are operational.
Again, 37 of the SEZs approved for the State are for the IT/ITES sector. As many as 27 are product-specific SEZs, while the remaining
eight are multi-product SEZs.
These eight, including the MEPZ, employ 41,000 people. MEPZ alone employs 26,000.
Three of the other SEZs are located in the Mahindra World City, Maraimalainagar, near Chennai.
Mr Arun Nanda, Executive Director, Mahindra & Mahindra Ltd, said that by 2010, the units in Mahindra World City would employ 85,000 people.
Ref: Dinakaran, The Hindu
Jul 03 2007, Kancheepuram: The State Industries Promotion Corporation of Tamil
Nadu has begun distribution of compensation for 751.15 acres of land acquired
for industrial purpose at Oragadam in the first phase.
Distributing cheques at the Collectorate here on Saturday, Collector Pradeep
Yadav said that Rs.4.77 crore was disbursed to 65 persons, who had agreed to
"sell" their lands measuring 27.31 acres, for the price offered by SIPCOT.
Stating that 3200 out of around 6000 patta land owners have expressed their
consent to sell their lands to SIPCOT, the Collector said that under the first
phase, it had been proposed to acquire 374.28 acres of agricultural lands
without access roads, 36.20 acres of farm lands abutting carriageways, 20.59
acres of farm lands located in interior places with access, 184.77 acres of
approved layouts located in interior places, 110.66 acres of approved layouts
near the main road, 17.80 acres of unapproved layouts located in interior
places and 6.85 acres of unapproved layouts near main thoroughfares.
Moreover, 5.72 acres of land, which have been classified as roads or
carriageways, and 221 acres of government land would be acquired by SIPCOT.
Though around 50 per cent of patta land owners had expressed their consent,
SIPCOT was not able to honour the claims of some applicants, who have failed to
submit certain documents. Apart from distributing compensation amount for the
lands acquired at Oragadam, Rs.2.92 crore was disbursed to 17 persons from whom
6,931 square metres of land was acquired for the IT Expressway project at
Okkiyamthuraipakkam, Kottivakkam and Palavakkam in Tambaram taluk.
Ref: The Hindu
Jun 20 2007, Chennai: The Tamil Nadu Government on Tuesday signed a Memorandum
of Understanding with Sanmina-SCI Corporation, the U.S.-based electronics
manufacturing company, to set up its unit in the hi-tech industrial centre at
Oragadam with an investment of Rs.225 crore.
The MoU was signed by President Sanmina-SCI Corporation Hari Pillai and
Industries Secretary Shaktikanta Das in the presence of Chief Minister M.
Karunanidhi at the Secretariat.
The investment for this project was likely to rise to Rs. 315 crore and
Sanmina-SCI’s spare parts manufacturers were expected to set up their units in
the State, an official release said.
The Sanmina-SCI Corporation’s project to be set up on a 100-acre site would
provide direct employment for 4,000 persons, besides generating indirect
employment for 6,000 persons, it added.
Second hardware unit
The Chief Minister announced in the Assembly on May 8 that a hi-tech industrial
centre would be established at the SIPCOT complex in Oragadam, the release
recalled. This was the second computer hardware development centre to be
established near Chennai. The Central Government had recently given its
sanction for this centre, the release said.
Ref: The Hindu
Jun 20 2007, Chennai: Sanmina-SCI Corporation, an electronics manufacturing
services (EMS) company, has signed a memorandum of understanding with the Tamil
Nadu Government to set up a state-of-the-art manufacturing technology campus at
Oragadam, near Chennai.
Sanmina-SCI will be investing $50 million initially in the new facility. It
will be a designated Special Economic Zone (SEZ) as defined by the Central
Government regulations.
Addressing a press conference here on Tuesday, Hari Pillai, President of Global
EMS Operations of Sanmina-SCI, said the campus, when completed, would provide
manufacturing services.
Employment scope
In a phased manner the company’s existing unit, located at Madras Export
Promotion Zone (MEPZ) in Chennai, would be relocated at Oragadam.
The Tamil Nadu Industries Secretary, Shaktikanta Das, said the Sanmina-SCI
campus would be one of the largest plants and it would be on a par with its
Mexico plant, which was currently the largest one. He said the Centre had given
its approval to set up the Oragadam Hi-Tech SEZ near Chennai and Sanmina-SCI
would be the first company to enter the SEZ.
The Oragadam SEZ had 350 acres, of which Sanmina-SCI had taken 100 acres, he
added.
Ref: The Hindu
June 16 2007, New Delhi: The Prime Minister’s Committee on infrastructure has
cleared the much-awaited modernization of the Chennai airport. The up gradation
and modernization of Chennai airport, at an approximate cost of Rs.2,350 crore,
would be taken up by Airports Authority of India(AAI).
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May 26 2007, Chennai: Special economic zone for IT companies coming in
Sriperumpudur in about 350 acres.
Ref: Dinakaran
May 22 2007, Chennai: The Government announced the plan to expand the current
airport by acquiring 1069.99 acres of land in the less populated area as well
as to acquire 4,826.66 acres of land for the Greenfield airport around
Sriperumpudur
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