Hiring by Foxconn's will offset job loss due to Nokia: TN Minister

Foxconn has assured State that it will proved 30,000 jobs in next two to three years

Foxconn, contract manufacturer of consumer electronic products, is expected to create jobs in Tamil Nadu equal to those lost due to the closure of Nokia's factory in 2014.

Foxconn said it will expand its facility in Chennai, providing job to around 5,000 people at an investment of around Rs 300 crore, said Tamil Nadu Industries Minister M C Sampath.

The company has also assured the government it will provide 30,000 jobs in total, equivalent to what the beleaguered Nokia factory was providing at peak operations, in next two to three years, he added.

"We have granted approval for the 49-acre