Apple supplier Salcomp buys Nokia’s Chennai unit for Rs 215 cr

Salcomp is expected to begin operations at the plant by March next year, and ramp up exports from there to about $2 billion by investing $300 million over the next five years, said a person familiar with matter. Once fully functional, the new unit is expected to generate employment for close to 10,000 people, another person said.

from Hardware-Tech-Economic Times https://economictimes.indiatimes.com/tech/hardware/apple-supplier-salcomp-buys-nokias-chennai-unit-for-rs-215-cr/articleshow/72216441.cms
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