Motorola will set up a manufacturing facility near Chennai with an initial investment of $30 million (Rs 135 crore), which will go up to $100 million (Rs 450 crore) within a year.
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Very Good Sign for Tamil Nadu!
Chennai seems to be the destination for these kind of factories and investments, since Dayanidhi Maran became as the IT minister. The fact that he is a central minister is favouring Tamil Nadu in many ways. Apart from a political standpoint, Chennai is a peaceful metropolitan city with excellent infrastructure, compared to many and right resources are available for any industry!
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