Motorola makes a $100m entry

CHENNAI: After telecom majors such as Nokia and telecom ancillary manufacturing companies Flextronics and Foxcon, the world’s second-largest telecom manufacturing company, Motorola, has also decided to set up shop in Chennai.

With an initial investment of $30 million, which will be increased to $100 million in phases, Motorola would set up a manufacturing facility in the special economic zone (SEZ) at Sriperumbudur, near Chennai.

Stu Reed, executive vice-president, inegrate supply chain, Motorola Inc, said, “This facility will provide employment to 3,000 people initially, which will be scaled up to 7,500 persons, mostly technicians.”

Reed also mentioned that every product of Motorola will be manufactured in this facility, which will be operational from 2007, starting with mobile handsets, for which a realistic goal of 1 million handsets per month has been set.