World’s second-largest mobile phone maker, Motorola Inc. has decided to invest $100 million to set up a new facility in India. The new manufacturing facility will be set up in Chennai’s Hi-tech Special Economic Zone. Motorola is following the footsteps of world leader Nokia, which recently announced to set a handset manufacturing plant near Chennai, with an investment of $150 billion. The Motorola facility is expected to be operational by next year. The investment is aimed at boosting the company’s lethargic performance in India, which is definitely among the hottest handset markets with immense growth potential....
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Source :- IIPM Editorial, 2006, Editor - Prof. Arindam Chaudhuri
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Sunday, August 20, 2006
Motorola – rings all the way to India : IIPM