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Prasad made the statement at a CII event in Chennai The Nokia factory was left out of the Microsoft deal in "We are trying to work it out," Prasad said Union Minister Ravi Shankar Prasad Sunday said the Nokia facility at Sriperumbudur near Chennai, was left like an "orphaned child" and the Centre was "on the job" to make it operational.
Finland-based Nokia had provided jobs to 8, people when the facility, which produced mobile phones in Sriperumbudur was functioning with full capacity.
I tried my best Elaborating further, he said, "We the government were on the job We tried with one-two companies. It did not work out. Let me concretise and then disclose it to you But, we are on the job to make it operational.
To a query, he said there were 40 lakh people working "directly" in the IT industry and 1. He said the number of mobile manufacturing factories in the country has increased to from two that were operating earlier. Now, even if half of this eight crore Indians have added one job, there would be four crore new jobs," he said.
Initial employment has been given to 2, people," he said. Responding to another query, he said the government has set up 2. On his interaction with the core members of Confederation of Indian Industry earlier, Prasad said the members have come out with suggestions on GST and that he would look into it.
I also told them how Moody's rating has made India positive," he said. Last month, the Moody's Investors Service raised India's sovereign rating for the first time in 13 years, saying growth prospects have improved with continued progress on economic and institutional reforms.
The US-based agency upped India's rating to Baa2 from Baa3 and changed its rating outlook to 'stable' from 'positive' saying the reforms will help stabilise rising levels of 'debt.Oct 21, · isi ro plant project cost KBbala Subramani.
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