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Foxconn submits preliminary plan to revive Nokia unit in Chennai

More than 15,000 employees lost their jobs when Nokia shut the unit in November 2014

T E Narasimhan  |  Chennai 

Foxconn has submitted a preliminary proposal to revive the Nokia facility at Sriperumbudur, which was shut in 2014 causing more than 15,000 direct employees to lose their jobs. The state has said that Foxconn has recently come forward to takeover and revive the plant. "We have also received a preliminary proposal from the company for the revival. However much of the revival process would depend on the IT issue," said the state in a memorandum submitted by the Tamil Nadu Chief Minister O Panneerselvam to the Prime Minister today at New Delhi. The state government is ...

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First Published: Mon, December 19 2016. 20:00 IST
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