Foxconn’s Nokia factory talks may bear fruit – Feedback

Foxconn Technology is in an advanced stage of talks with the Tamil Nadu government to resolve a Rs21,000-crore tax dispute, which could help revive the Nokia mobile manufacturing plant in the state and provide employment to thousands.

Taiwanese company has taken a significant step already in this direction, buying some machines from the plant earlier this year. A senior state official said Foxconn was keen to revive the plant, which is lying defunct for more than three years now. The state government held several rounds of discussions with the company, which now needs to bring in a formal proposal,.

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