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Manufacturing

How Foxconn and Salcomp are leading the revival of Sriperumbudur’s industrial corridor

With the exit of Nokia in 2013, the industrial belt of Sriperumbudur gradually fell silent. Following diplomatic parleys and a government push for local manufacturing, it is getting its mojo back. Companies such as Salcomp and Foxconn are expanding their assembly lines for making phones, chargers, and a host of electronics equipment for a bevy of Chinese brands and Apple.
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28 Jan 2020 7 Mins Read 0 comment
Nokia plant in Sriperumbudur, Tamil Nadu, on September 27, 2006. Getty Images
Nokia plant in Sriperumbudur, Tamil Nadu, on September 27, 2006.
A new wave of jobs is coming. The industrial belt of Sriperumbudur near Chennai was once a crackling hub — thousands worked in phone-assembling plants and component-testing units. It was a vibrant industrial cluster full of economic activities until a tax bomb caused a gut-wrenching churn. The multi-crore withholding tax claim on Finnish phone major Nokia in late
INR21,000 a month, but he is willing to settle for much less in return for permanent employment. The big talk of jobs coming back have made them cautiously optimistic, usually a diplomatic way for entrepreneurs uncertain about regulatory challenges. But, for the workers of Sriperumbudur, there is a ringing reason to be so. (Graphic by Mohammad Arshad)
A new wave of jobs is coming. The industrial belt of Sriperumbudur near Chennai was once a crackling hub — thousands worked in phone-assembling plants and component-testing units. It was a vibrant industrial cluster full of economic activities until a tax bomb caused a gut-wrenching churn. The multi-crore withholding tax claim on Finnish phone major Nokia in late INR21,000 a month, but he is willing to settle for much less in return for permanent employment. The big talk of jobs coming back have made them cautiously optimistic, usually a diplomatic way for entrepreneurs uncertain about regulatory challenges. But, for the workers of Sriperumbudur, there is a ringing reason to be so. (Graphic by Mohammad Arshad)

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