scorecardresearch
Clear all
Search

COMPANIES

No Data Found

NEWS

No Data Found
Sign in Subscribe
iPhone maker Foxconn to set up electronics manufacturing plant in Telangana, create 1 lakh jobs

iPhone maker Foxconn to set up electronics manufacturing plant in Telangana, create 1 lakh jobs

Foxconn will invest an undisclosed sum in India's southern state of Telangana towards an electronics manufacturing facility in the south Indian state.

Image: Reuters Image: Reuters
SUMMARY
  • Foxconn will invest an undisclosed sum in India's southern state of Telangana.
  • iPhone maker will set up an electronics manufacturing facility in Telengana.
  • The plant will create 1 lakh jobs in the state.

Apple supplier Foxconn will invest an undisclosed sum in India's southern state of Telangana towards an electronics manufacturing facility in the south Indian state, the state's chief minister said on Thursday.

The investment will create 100,000 jobs in the state, Telangana's IT minister KT Rama Rao said. The announcement followed a meeting between Telangana's chief minister and the chairman of Foxconn earlier in the day.

Taiwan-based Foxconn already has operations in Andhra Pradesh and Tamil Nadu, where it manufactures products for companies such as Apple Inc and Amazon.com Inc.

For Unparalleled coverage of India's Businesses and Economy – Subscribe to Business Today Magazine

Published on: Mar 03, 2023, 10:21 AM IST
×
Advertisement