Chennai is emerging as a major manufacturing hub for electronic hardware. But 75%-85% of the components required for this industry are imported. So Tamil Nadu feels there is an immense scope in the local manufacturing of these components.
Of the top global electronic manufacturing service(EMS) producers , Foxconn , Flextronics and Sanmina have chosen Chennai to locate their facility. Other projects attracted include Samsung,Dell,Nokia-Siemens,Motorola etc. As of now this industry has attracted an investement of 8000 crore.
Nokia set up its first plant in Chennai in 2006. After that they expanded it twice making Chennai facility largest in the world. Studies by Nokia prove that Chennai is most cost effective and competitive than even china.
This industry can generate employment for 45000 persons in future. Currently Chennai is known as the auto capital of Asia wit a total investment of $4.5billion. Similarly electronic manufacturing industry has the potential to make our country a global power house.
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