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Sambhar Mafia - Cooked To Kill!

Thursday, June 08, 2006

Chennai Says, ‘Hello, Moto’

Teacher Manmohan Singh’s most trusted (?) and brightest student Dayanidhi Maran gets another A+ as Motorola unveils its plans to start a manufacturing facility at Sriperumbudur near Chennai. Motorola has committed an initial investment of US$ 30 Million and this could potentially go upto US$ 100 Million. This is smaller when compared to the US$ 150 Million investment made by Nokia in its handset plant near Chennai.

More than 40 percent of the software that goes into Motorola Inc.'s (MOT.N) iconic and ultra-thin RAZR handset is developed in its Indian R&D facility.

Nokia (NOK1V.HE) controls nearly half the $2.5 billion Indian handset market and its suppliers are investing about $150 million in its Chennai unit, which makes a few million handsets a month.

Following Nokia’s footsteps, its vendors also set up shop near the Nokia plant. One can expect a similar move from Motorola’s vendors as well.

This is probably the first major investment that has been announced after the DMK government took charge in the state. It is still not clear whether the state government has given some special concessions like subsidized land / tax subsidies to attract Motorola to TN.

Bachchan Jr. strikes a chord with TN based firms

Abhishek Bachchan seems to be preferred choice for brand ambassador for some of the companies having big operations in TN. He already appears in Ford campaigns and Motorola also signed him as the brand ambassador recently. The other major company is TVS, but they have already roped in Surya.

14 Comments:

  • You like Maran?!?! Whats with the opening line?:-)

    By Blogger Deepa, at 10:00 AM  

  • Deepa,
    do i need to like Dayanidhi maran to make that opening remark? :-) That aside, he seems to be doing something to attract investment to TN and the rest of India. With this kind of a show, it would be difficult to critique him on his performance as a minister. He has also bagged the top honours in the best ministers ranking brought out by most of the English media.

    By Blogger Kaps, at 10:45 AM  

  • It's diffcult to believe that the negotiations with Motorola would have started after the DMK govt took over and concluded so quickly. Was Maran holding back some central govt approval to this project, and waiting for the election results, so that the DMK govt would get full credit. Either that or Jaya goofed up badly. It doesn't really matter though - just curious about how this happened so soon after the new govt. took over.

    By Blogger BNB, at 11:02 AM  

  • BNB : You have a point. Read this

    By Anonymous prakash, at 12:54 PM  

  • thats really good news...

    By Blogger ashok, at 5:26 PM  

  • Good to hear Chennai is getting better and better as far as setting up plants are concerned. With Motorola they ahve taken up another promising step.Good going Chennai

    By Blogger Prasanna, at 7:50 PM  

  • Deepz,
    Ennadaan MK family connection irundaalum Dayanidhi maran has done good stuff in the Telecommunication department.

    Cellphone la ellam incoming free.. STD calls @ Re.1, Mumbai-Delhi local call.. idellam enna ketta super.

    When in 'melai' naadus like US, UK incoming calls are charged.. inga paaru kuppanum suppanum summa hour kanakkula pesuraan thanks to the cell phone revolution, lesser call charges
    (kuppan subban naa enna mattamaa nnu marumozhi ezhudaadeenga please.. summa rendu pear vekannumnu vechean)

    By Anonymous Bubby, at 8:09 PM  

  • Hi there...

    Please add this video as your next post....

    It is a Bharatbala and AR Rahman production titled "I am India" and showcases the emerging India. A feel-good video.

    http://www.youtube.com/watch?v=F2qZEiZMgWs

    By Anonymous definitely maybe, at 9:33 PM  

  • The TVS ad is really well executed one.

    By Blogger Boston Bala, at 9:35 PM  

  • Prakash:
    Good catch. A third possibility is Motorola itself waited for the election results.

    By Blogger BNB, at 11:24 AM  

  • India needs more and more jobs to occupy people. any investment should be welcome no matter who wants to take credit.

    Bubby - Incoming calls are not charged in the UK. What or who is your source of information ?

    By Anonymous Anand Srini, at 5:44 PM  

  • This comment has been removed by a blog administrator.

    By Blogger Prasanna, at 9:56 PM  

  • http://chennaionline.com/colnews/newsitem.asp?NEWSID={A5DCE9F8-CD5F-41E6-A6C9-2383AC05212C}&CATEGORYNAME=CHN

    Jaya blasts DMK govt over Moto project. My suspicions were not misplaced.

    By Blogger BNB, at 10:17 PM  

  • Check out the latest edition of fortune, for story about Moto Razr. It is a good read.

    By Blogger Venky Krishnamoorthy, at 11:47 AM  

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