Nokia plant to operate soon
The Department of Electronics suggested to Finance Minister Arun Jaitley that some measures be taken to start the Nokia plant in Chennai again. The Department of Electronics and IT (DeitY) in its proposals for the forthcoming Budget has suggested that it is "highly desirable" that the mobile handset manufacturing activity at the Nokia plant at Sriperumbudur, Tamil Nadu be revived at the earliest "through a mutually agreed course action," sources said. As per a report of Indian Cellular Association, mobile phone exports are expected to fall to zero in 2015 from Rs 2,450 crore estimated in 2014, mainly due to suspension of handset production at Nokia's Chennai plant. The plant directly employed 8,000 people of which 60 per cent comprised of women, and another 25,000 were jobs which were associated indirectly with the firm when the facility was operating in full swing. The facility was Nokia's largest plant in the world and producing some of the basic GSM handsets and was serving the local market.
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