US-based Sanmina to invest Rs 225 crore in Tamil Nadu

US-based Sanmina to invest Rs 225 crore in Tamil Nadu:

• US-based Electronic hardware maker Sanmina-SCI Corporation today announced an investment of Rs 225 crore for setting up an electronic hardware components project at Oragadam Hi-Tech zone.

• The company will set up the manufacturing unit in a 100 acre area with the investment going up to Rs 315 crore.

• The project is likely to provide direct employment to 4,000 people and indirect jobs to 6,000.

• An MoU with the state government was signed by Industries Secretary Shaktikanta Das and Sanmina-SCI President (Global Operations) Hari Pillai in the presence of Chief Minister M Karunanidhi at the State Secretariat here.

• The spare parts manufacturers of the company are also planning to set up a base in Tamil Nadu, an official statement said later.