After a series of negative headlines following the Nokia fallout, Tamil Nadu now has something to cheer. The state is expected to get a key position in India’s electronics industry map. The government is also working on a new policy to give a boost to the sector, officials said.
Among the recent developments is Lenovo’s announcement that it will resume the Motorola facility near Chennai and produce six million units of Lenovo and Motorola phones in a year.
Another notable development is that Foxconn is reportedly in talks with the state government to start manufacturing in the state. Sony, too, has announced it will start manufacturing TV sets in the state, while Videocon's consumer durables factory is set to go on stream soon. Dell, too, has reportedly held talks to expand capacity.
These positive stories come soon after the Nokia facility near here was shut following tax disputes with the central income tax department. While the incident had dented Tamil Nadu’s image, the new developments have come at a right time for the state, gearing to hold a Global Investors’ Meet next month. According to officials, the target is to attract investment worth Rs 1 lakh crore.
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