Flextronics to invest $200 million in Sriperumbudur
November 6th, 2006 Leave a comment Visited 327 times, 1 so far today
Flextronics to invest $200 million in Sriperumbudur
Singapore based contract electronics manufacturer Flextronics has said in a statement that they are planning to invest $200 million in the first phase of setting up a manufacturing facility in Sriperumbudur.
The company is aiming to consolidate their Indian manufacturing operations at this unit.
The initial plan is to establish two units with a total space of 5,00,000 sq ft at the 250 acre Flextronics Industrial Park.
The first unit was inaugurated by Prime Minister Manmohan Singh. It would have the production capacity of a million handsets a month. They expect the second unit to be functional by next year.
This facility would be used by the company to manufacture GSM mobile handsets and telecom infrastructure equipment.
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