Foxconn may permanently shut down Chennai unit

CHENNAI: Contract manufacturer Foxconn is seen sending out signals that it is preparing for a permanent shutdown of its Chennai factory where work has been suspended for more than a month. At meetings with labour unions, the company is urging workers — who are now on a paid holiday — that they must accept a severance package, those aware of the discussions have told.

Company representatives say finances required for factory upkeep has dried up. Communication with Foxconn headquarters in New Taipei, has become frequent to cover for expenses that were locally decided upon.

The average salary for technical labour at the facility located inside the Nokia Telecom SEZ is Rs 14,500 a month. With more than 1,300 such employees, Foxconn's monthly outgo towards salaries is about Rs 1.9 crore. It also spends on power and water supply, and other mandatory licences required to run a factory inside the state's special economic zone. Foxconn's global spokespeople didn't respond to emails seeking comment.

A company representative, who attends labour conciliation meetings brokered by the government, said that Foxconn has clearly told the union that it was getting difficult to maintain the paid-holiday status. "This cannot go on. We told them it would be wise to get a severance and end this impasse," he said.

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