Flextronics Chennai Receives Domestic Tariff Area (DTA) Status

CHENNAI, India, June 16, 2015 /PRNewswire/ -- Flextronics (NASDAQ:FLEX) announced today that its Chennai facility in Sriperumbudur has been granted the Domestic Tariff Area (DTA) status which will allow the company to ship finished products locally. Flextronics has been operating in Chennai since 2005 at the SIPCOT Special Economic Zone (SEZ).  By having both DTA and SEZ status, Flextronics is able to produce and deliver products for both domestic and export markets, with zero customs duty.

"The DTA status provides an added competitive advantage for Flextronics, allowing us to service the domestic market and bring to bear our innovative supply chain services to support the burgeoning electronics sector in India. We are thrilled to receive this status which aligns well with our 'Made in India' program," said Richard Hopkins, Flextronics' Vice President of Operations. He added, "We also have the right building blocks and capacity to help our global customers who wish to build, repair and ship their products anywhere in India."

Flextronics Chennai provides complete supply chain services for diverse products that enable intelligence in everything from computer and communications equipment to energy, food testing equipment and mobile devices, from sketch to scale. Beyond manufacturing, Flextronics also provides centralized processing activities for its global operations from its offices in Chennai and Pune, which include a workforce of more than 5000 employees.

About Flextronics

Flextronics is a leading end-to-end supply chain solutions company that delivers innovative design, engineering, manufacturing and logistics services to a range of industries and end-markets, including data networking, telecom, enterprise computing and storage, industrial, capital equipment, appliances, automation, medical, automotive, aerospace and defense, energy, mobile, computing and other electronic product categories. Flextronics is an industry leader with more than $26 billion in annualized sales, generated from helping its customers design, build, ship, and service their products through an unparalleled network of facilities and innovation centers in more than 30 countries and across four continents. Flextronics' service offerings and vertically integrated component technologies optimize customer supply chains by lowering costs, reducing supply chain risk, increasing flexibility, and reducing time-to-market. For more information, visit www.flextronics.com or follow us on Twitter @Flextronics.