CHENNAI, INDIA – The Nokia manufacturing plant that was sold to Salcomp last year after closing in 2014 over a tax dispute will be ready to resume production again soon, according to reports.
Salcomp will manufacture chargers and smaller components that go into chargers at the site.
The government of Tamil Nadu invested in the plant, and Salcomp will use the funds to upgrade production lines and employ new staff.
The company currently has 8,000 workers, 85% of whom are women. The number is expected to grow by 5,000 through the end of 2021, with an additional 5,000 after 2021.
Salcomp manufactures chargers for Apple, Vivo, Oppo, Foxconn and Xiaomi.