Moser Baer, a world leader in manufacture of removable data storage media, signed in June 2008 a Memorandum of Understanding (MoU) with the government ofTamil Nadu on setting up a facility to manufacture siliconbased photovoltaic thin film modules and allied products.
Moser Baer will invest over Rs. 2,000 crore in the facility that will come up in the Oragadam high technology Special Economic Zone (SEZ). It was disclosed byDeepak Puri, Chairman and Managing Director, Moser Baer India. This is the second such facility that will come up in Oragadam. In March, 2008 the Tamil Nadugovernment had signed an MoU with Signet Solar for manufacturing photovoltaic thin film modules.
With the establishment of this facility of Moser Baer, Tamil Nadu is expected to consolidate its position as the leader in the manufacture of electronic hardware andemerge as the preferred centre for the manufacture of photovoltaic thin film models.
The facility would provide livelihood to many and retain bright young people in the State. Chief Minister M. Karunanidhi is very much interested in this hightechnology venture as he aims at creating a million jobs in the State in the shortest possible time. The facility is expected to be launched as early as possible. G. Rajeswaran,President and CTO, Moser Baer Photovoltaic Ltd., India said that the plant would start production within a year after the launch.
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