Huawei to set up unit in TN

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The Home Ministry on Tuesday  cleared a proposal of Chinese telecom giant, Huawei, to set up a manufacturing unit in Tamil Nadu with riders like appointment of Indians to key posts of chief of technical operations and chief security officer. Home Ministry’s clearance will be further required if Huawei appoints foreign nationals as chairman, managing director, chief executive officer and chief financial officer. The company had submitted the proposal for Indian operation in December 2013.
Huawei wants to set up a `25-crore unit for electronics and telecom hardware and support services at the Special Economic Zone, Sriperumbudur in Tamil Nadu.
Daily Pioneer
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