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Company to set up manufacturing plants for cellphones, electronics infrastructure, set-top boxes
India is fast catching the attention of global electronics majors. After Noika’s decision to set up manufacturing facilities here for its mobile phones, it’s now the tern of the $17billion Flextronics to close in on India for setting up huge manufacturing facilities for three lines of products – mobile infrastructure products and set top boxes. The production plants, which will be scaled up to global scale in phases, are expected to come up with an investment of about $500 million.
The world’s largest contract electronics manufacturer’s ambitious plans include bringing in its global vendors, who will set up their manufacturing facilities close to its plant. The manufacturing plant is expected to be set up in a huge campus, some where in South India.
Flextronics president (design and ODM services)Ash Bhardwaj told: “We will set up a major manufacturing unit in India for mobile phones hand-held communications infrastructure products and set top boxes. It could emerge as one of our biggest facilities over a period of time.”
The Singapore-based Nasdaq-listed company was earlier reported to be looking at expansion outside China, but Malaysia was always believed to be its new hot destination. However, the company now plans to expand its manufacturing facilities in India. Flextronics has 11 million sq ft of manufacturing space in Asia with 7.5 million sq ft in China, including Shanghai, Beijing, Nanjing, Doumen and Shenzhen.
