“Committed to setting up a manufacturing facility in Telangana,” says Foxconn

NEW DELHI: Apple Inc partner Foxconn Technology Group says it is busy setting up a manufacturing facility in Telangana, Hyderabad, the company said.
In an official letter addressed to Telangana Chief Minister K Chandrasekhar Rao, the Taiwanese electronics major confirmed its commitment to set up the manufacturing facility in Kongar Kalan.
Foxconn Technology Group chairman Young Liu asked for support from the state-owned team to get Kongar Kalan Park operational as soon as possible, the CMO said in a statement.
Rao and Liu met in Pragathi Bhavan on March 2 and it was agreed that Foxconn would set up an electronics manufacturing plant in Telangana with job generation potential for over 1 lakh people, the statement added. of the CMO.
Calling Taiwan a natural partner of Telangana, Prime Minister K Chandrasekhar Rao said, “Telangana was happy to be a part of Foxconn’s growth story.”
“The government is on a mission to transform Telangana for the better and has undertaken several marquee projects to fulfill the vision of Bangaru Telangana. The Foxconn unit will help generate large-scale jobs and help attract more such industries,” KCR said.
To seal the deal, a memorandum of understanding was signed between Hon Hai Technology Group and the state government at Pragati Bhavan for the proposed facilities in the presence of CM KCR, who also presented special greetings to Liu as he was his birthday and hosted a luncheon for him.
KCR and Liu learned that they discussed the importance of diversifying electronics manufacturing for a resilient supply chain and the critical role states can play.
(With contributions from agencies)


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