Motorola will invest US$100 million in India to set up a new facility for manufacturing of cellphones and telecommunication equipment.
Motorola and the Indian government are jointly developing a plant in Chennai's Sriperumbadur Hi-tech Special Economic Zone. This is part of the company's expansion into the sub-continent. The plant will be functional by next year.
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The new facility will benefit from India's “excellent IT skills, exceptional scientific talent, competent and mature workforce, and economies of scale offered by a vast market”.
