Executive Briefings

Nokia Shows What's Attractive About Manufacturing in India

While the government dithers about how to solve a crisis that has developed over India's controversial Special Economic Zones, a few companies are showing how small zones can spread development and attract foreign direct investment, without falling into the clutches of politicians, bureaucrats, and protesters.
In southern India, for example, Nokia, the Finnish mobile handset company, is leading the development of an electronics hardware zone where, along with eight of its suppliers, it will mop up more than $200m investment and employ some 20,000 people within two years.
Source: Fortune, http://ridingtheelephant.blogs.fortune.com

While the government dithers about how to solve a crisis that has developed over India's controversial Special Economic Zones, a few companies are showing how small zones can spread development and attract foreign direct investment, without falling into the clutches of politicians, bureaucrats, and protesters.
In southern India, for example, Nokia, the Finnish mobile handset company, is leading the development of an electronics hardware zone where, along with eight of its suppliers, it will mop up more than $200m investment and employ some 20,000 people within two years.
Source: Fortune, http://ridingtheelephant.blogs.fortune.com