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The Minister used the opportunity to make a sales pitch for Tamil Nadu. He pointed out to Ericsson officials that Nokia, which produces 40 lakh mobile phones a month from its plant near Chennai, found its operations here 11 per cent cheaper than in China.
Source: The Hindu Business Line
This really is news to me. I always thought that China was the cheapest when it came to everything, and that all the cool kids where investing into business there. I was wrong. Something to keep an eye on indeed.
A "lakh" = 100,000 by the way.
About The Author
Stefan Constantinescu
Stefan Constantinescu (@WhatTheBit on Twitter) has loved technology since as far back as he can remember. It started with computers, but in the past few years his passion has turned to mobile devices. As a mobile phone enthusiast who lives and breathes devices that connect to the internet, he knows he is not alone with this radical fascination of all things wireless. He is strongly opinionated and enjoys a good debate so leave comments in his posts and he’ll get back to you! Stefan began blogging as a hobby in the fall of 2006 and joined IntoMobile in the summer of 2007. Later he got a job at Nokia in March 2008, but as of June 2009 he has rejoined the IntoMobile team. He is currently based out of Helsinki, Finland.
