| Flextronics Has India in Sights |
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| Written by Mike Buetow | |||
| Friday, 24 June 2005 05:37 | |||
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NEW DEHLI -- Flextronics has narrowed to three its list of possible sites for a new assembly plant in India, local media reported today. The world's largest contract electronics manufacturing firm has settled on Bangalore, Pondicherry and Chennai, according to CyberMedia News. The report said Flextronics is "currently doing due diligence" for the siting, with details expected "in a couple of weeks." Flextronics has spent $800 million to $900 million in India over the past four years, vice president and GM for India and Malaysia Vijayan Chinnasami reportedly said. Chinnasami said the new plant would employ 1,000 to 2,000 workers, CyberMedia News reported. Flextronics currently has 3,000 employees in India.
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