"Of course, with the Prime Minister himself commenting on Nokia, I am sure something will happen and such incidents such as Nokia is something on which we are working very hard not to have a repeat," she told reporters here.
She said that the government was very concerned on the matter as it has affected a great deal of employment and "equally it gave a message about Indian industry not working in an environment where corporate decisions are being taken on merits".
When asked whether the factory can be revived, the minister said that the government would look at all the options.
"All options to see how best we can take a constructive and a positive step so that the workers of Nokia get justice and the very idea that the factory which gave so much of employment and could have given an export value had to come to this end but we certainly do not want our policies to have this impact," Sitharaman said.
"Your concern is right. 25,000 people were rendered jobless there," Modi had said in Rajya Sabha.
"Let me assure you. We have started efforts in this direction (to restart the unit). The result of this effort will be that in the coming days, Nokia plant should start functioning again and people will get employment," Modi has said.
The Nokia plant near Chennai started operations in 2006 and shut down operations on November 1 last year.
The plant directly employed 8,000 people of which 60 per cent comprised of women, and another 25,000 were jobs were associated indirectly with the firm when the facility was operating in full swing.
The facility was Nokia's largest plant in the world and producing some of the basic GSM handsets and was serving the local market, besides exports.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
