CHENNAI:
The Tamil Nadu government has cleared 49 acres of land in Sriperumbudur for Taiwanese phone maker Foxconn to renew its manufacturing operations in the state, according to Industries Minister M C Sampath.
Speaking to reporters on the sidelines of Confederation of Indian Industry (CII) flagship event ‘Connect 2017’, the minister said that the land was given to the Taiwanese company on the promise that it would be able to generate 5,000 jobs by January 2018 and 30,000 jobs in the next three years.
Foxconn had already employed 7,000 people in the State and had informed that it will add another 5,000 new jobs by January, he said.
The plant in Sriperumbudur was shut down in February 2015. The Taiwan-based electronics equipment maker was a major supplier of motherboards to Nokia and had to close down its facilities for lack of orders from Nokia, which shut operations on 1 November, 2014 after a Rs.10 000 crore tax dispute with the Income Tax department
The minister also said he is urging the Centre to set up Aero Defence Park in Coimbatore as it has the required infrastructure.
State Information Technology Minister M Manikandan said that the state will be unveiling its Information Technology policy this month. The focus will be on Internet of Things (IOT) and other technologies. However, he refused to diculge anything further.
Earlier, Sanjay Tyagi, director, Software Technology Park of India, said that the state is the biggest beneficiary of the India BPO Promotion Scheme.
He said that 4,300 seats have been filled up so far including 600 seats by Amazon in Coimbatore in one of the latest bids.
Initially, the allocation was for 3,000 seats but since the demand was higher, the Centre has allocated another 3,000 seats under the scheme for Tamil Nadu, he added.
Highlighting the need for developing domain specific tech parks in the state, P Ravichandran, Chairman – CII Tamil Nadu State Council, said that CII is proposing an automotive tech center that encompass basic hardware requirements and space for research on driverless technology as the city has large eco-system of automotive companies and given that automotive sector is going through disruption.
He urged companies in hardware manufacturing and electronics to capitalize on the IT resources available in the state, including the recent aerospace park in Oragadam. This could be a big game changer in differentiating Tamil Nadu from the rest of the states, he added.
Ravichandran said CII State Council is close to locating a place for Green Field airport in Chennai, which is a much awaited Green Field project.
The Tamil Nadu government has cleared 49 acres of land in Sriperumbudur for Taiwanese phone maker Foxconn to renew its manufacturing operations in the state, according to Industries Minister M C Sampath.
Speaking to reporters on the sidelines of Confederation of Indian Industry (CII) flagship event ‘Connect 2017’, the minister said that the land was given to the Taiwanese company on the promise that it would be able to generate 5,000 jobs by January 2018 and 30,000 jobs in the next three years.
Foxconn had already employed 7,000 people in the State and had informed that it will add another 5,000 new jobs by January, he said.
The plant in Sriperumbudur was shut down in February 2015. The Taiwan-based electronics equipment maker was a major supplier of motherboards to Nokia and had to close down its facilities for lack of orders from Nokia, which shut operations on 1 November, 2014 after a Rs.10 000 crore tax dispute with the Income Tax department
The minister also said he is urging the Centre to set up Aero Defence Park in Coimbatore as it has the required infrastructure.
State Information Technology Minister M Manikandan said that the state will be unveiling its Information Technology policy this month. The focus will be on Internet of Things (IOT) and other technologies. However, he refused to diculge anything further.
Earlier, Sanjay Tyagi, director, Software Technology Park of India, said that the state is the biggest beneficiary of the India BPO Promotion Scheme.
He said that 4,300 seats have been filled up so far including 600 seats by Amazon in Coimbatore in one of the latest bids.
Initially, the allocation was for 3,000 seats but since the demand was higher, the Centre has allocated another 3,000 seats under the scheme for Tamil Nadu, he added.
Highlighting the need for developing domain specific tech parks in the state, P Ravichandran, Chairman – CII Tamil Nadu State Council, said that CII is proposing an automotive tech center that encompass basic hardware requirements and space for research on driverless technology as the city has large eco-system of automotive companies and given that automotive sector is going through disruption.
He urged companies in hardware manufacturing and electronics to capitalize on the IT resources available in the state, including the recent aerospace park in Oragadam. This could be a big game changer in differentiating Tamil Nadu from the rest of the states, he added.
Ravichandran said CII State Council is close to locating a place for Green Field airport in Chennai, which is a much awaited Green Field project.
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