Flextronics comes calling; plans to set up $500m plant.
Economic Times (New Delhi, India), July, 2005
Jul. 26--NEW DELHI: India is catching the attention of global electronics majors. After Nokia's decision to set up manufacturing facilities for its mobile phones, it's now the turn of $17bn Flextronics to close in on India for setting up huge manufacturing facilities for three lines of products - mobile phones, electronics infrastructure products and set-top boxes.
The production plans, which will touch a global scale in phases, is expected to involve an investment of about $500m.
The world's largest contract electronics manufacturer's ambitious plans include bringing in its global vendors too who will set up their manufacturing facility in the vicinity of their plant. The manufacturing plant is expected to be set up in a huge campus, for which the...
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