Department of Telecom seeks to revive Nokia plant

Discussion in 'Economy & Infrastructure' started by Free Karma, Jan 7, 2015.

  1. Free Karma

    Free Karma Senior Member Senior Member

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    Department of Telecom seeks to revive Nokia plant | Latest News & Updates at Daily News & Analysis
     
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  3. Dark Sorrow

    Dark Sorrow Respected Member Senior Member

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    Looks like Microsoft lobby has been busy.
     
  4. sorcerer

    sorcerer Senior Member Senior Member

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    India Needs Closed Nokia Plant Reopened

    India strives to reopen Nokia plant to restore 8,000 working places.

    NEW DELHI (Sputnik) — Indian government is looking for a way to reopen a Nokia plant in the southern city of Chennai, closed its doors last November after the company merged with the Microsoft corporation and stopped producing smartphones.

    We are concerned about the closure of Nokia plant in Chennai and due to which thousands had been rendered jobless. We are trying our best so that the Nokia plant again starts working," Indian Prime Minister Narendra Modi addressed the parliament on Tuesday.

    The Finnish communications and information technology company Nokia closed its plant in Chennai, which had been in operation since 2006, last November. The decision came after Microsoft terminated Nokia's purchasing agreement with the Chennai facility over tax-relate




    Read more: India Needs Closed Nokia Plant Reopened / Sputnik International
     
  5. Sambha ka Boss

    Sambha ka Boss Regular Member

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    Why was the plant closed when Microsoft could have cheap labour cost in places like India.
     
  6. sorcerer

    sorcerer Senior Member Senior Member

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    This was before the Microsoft took over..that the Plant was shut down
     
  7. Sakal Gharelu Ustad

    Sakal Gharelu Ustad Detests Jholawalas Moderator

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    Actually Microsoft did not buy this plant in this deal if I remember correctly.
     
  8. sorcerer

    sorcerer Senior Member Senior Member

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    okay...I thought..when Microsoft took over Nokia.. then it means.. 'All your bases are belong to us " thing :D
    So are you saying..that the Indian plant it still the asset of Nokia?
     

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