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Salcomp to revive defunct Nokia handset factory: Ravi Shankar Prasad

Monday, November 25, 2019, 8:30 PM

The world's largest mobile phone charger maker Salcomp will revive the defunct factory of Nokia, located in the special economic zone in Sriperumbudur near Chennai, telecom and IT minister Ravi Shankar Prasad said Monday. The Finnish company which is one of the leading suppliers to Apple, will begin next financial year. It will invest Rs 2,000 crore over the next five years.