Business Standard

Nod to Apple's Chinese suppliers may ring in jobs for Sriperumbudur

Among the 14 firms to have got initial go-ahead is Luxshare with a unit in the town near Chennai

Luxshare India Private Ltd
Premium

Luxshare India Private Ltd

Shine Jacob Sriperumbudur (Tamil Nadu)
By the busy Chennai-Bengaluru national highway, where construction work is causing roadblocks these days, a board reads: “Welcome: Luxshare India Private Ltd.''

Local residents say until about two months ago, this board carried the name of Motorola, which once had a manufacturing unit in Sriperumbudur, 40-odd km from Chennai in Tamil Nadu.

In May 2020, Luxshare Precision Industry Co, a China-headquartered AirPods and iPhone assembler, had entered into a deal with the Tamil Nadu government to take over the defunct Motorola unit. The company had also lined up an investment of Rs 750 crore for the unit, and now, two

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 20 2023 | 5:38 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com