Investment in India

Motorola has announced plans for a manufacturing facility in India, with an initial investment of $30 million, increasing to a total of $100 million in phases.

The company will establish a manufacturing plant in the 300 acre Sriperumbadur Hi-tech Special Economic Zone (SEZ) being developed by Motorola and Government of Tamilnadu at Sriperumbudur, near Chennai.

Ron Garriques, executive vice president, Motorola Inc. and president, mobile devices business, highlighting the importance of India to Motorola's global plans, said, "India is a vitally important market for Motorola and as a strategic manufacturing hub offers a compelling value-proposition of talent and strong cost efficiencies. Our decision to make an investment of this scale is a reflection of our continued global commitment to connect the next billion consumers."

Expected to be operational in 2007, the facility will undertake full-scale production, to support a wide range of Motorola handsets. It will also support production and assembly of network base stations for products across Motorola's Networks & Enterprise portfolio.