Motorola to invest $30 million in India | india | Hindustan Times
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Motorola to invest $30 million in India

Motorola Inc will build a handset and telecom equipment plant in India with an initial investment of $30 million, the company said Wednesday

india Updated: Jun 07, 2006 18:40 IST

Motorola Inc will build a handset and telecom equipment plant in India with an initial investment of $30 million, the company said Wednesday, in a move aimed at countering rival Nokia Corp.'s dominance in the Indian market.

The US mobile phone maker said it would scale up its investment at the plant, to be built near Chennai, to $100 million in phases.

The plant, which is expected to become operational next year, will make a wide range of handsets and other communications gear, a Motorola statement said.