# Salcomp starts operations at former Nokia plant in Sriperumbudur, India

Salcomp has started operations at the former Nokia plant in Sriperumbudur, Tamil Nadu, with an initial investment of Rs 500 crore and 5,600 employees. The plant will manufacture chargers for Apple, with plans to ramp up investment to over Rs 1,000 crore and 15,000 employees.

- Type: New facility
- Announced: 2020-10-26
- Where: Sriperumbudur, Tamil Nadu, India
- Value: $68.0M (5.00B INR)
- Jobs: 5,600
- Starts operating: 23 Oct 2020
- Status: completed
- Products: chargers for Apple
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Salcomp Plc](https://endata.com/companies/41606.md)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/info-tech/after-6-years-nokia-plant-site-at-sriperumbudur-comes-to-life-as-salcomp-starts-ops/article32943223.ece), 2020-10-26: "Last Friday, Tamil Nadu Chief Minister Edapaddi K Palaniswami inaugurated Salcomp’s plant in which the Finnish company will initially invest ₹500 crore and employ 5,600 persons."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
