Foxconn to set up electronics manufacturing facility in Telangana

[hyperbole]

This is being regarded as the Largest investment in TG (more than AWS and Azure), this is a major win for manufacturing aspirations that Telangana has 

https://www.business-standard.com/article/companies/foxconn-to-set-up-electronics-manufacturing-facility-in-telangana-123030201187_1.html

 

[dallas_ear_rings]

Thank you 😊 @CBN4Everything

thanks jagan

[Anta Assamey]

Foxconn Chairman Young Liu

Electronics major Foxconn will set up a manufacturing facility in Telangana with employment generation potential for over one lakh people.

This was announced after Foxconn Chairman Young Liu met Telangana Chief Minister K. Chandrasekhar Rao here on Thursday.

Hon Hai Technology Group (Foxconn) and the Government of Telangana signed an agreement at the Pragati Bhavan, the official residence of the Chief Minister.

The historic deal has the potential to generate employment for more than one lakh people over a period of 10 years, said the Chief Minister's Office (CMO).

It was not revealed how much the Taiwanese company will invest in this facility.

"Foxconn's unit will help generate large-scale employment for the youth and will help attract more such industries to the state," said KCR, as the Chief Minister is popularly known.

He said that Telangana considers Taiwan as a natural partner, addind that the state is glad to be a part of Foxconn's growth story.

KCR and Liu discussed the importance of diversifying electronics manufacturing for a resilient supply chain and the pivotal role to be played by the state governments. The Chief Minister said that the government has been successful in implementing a new industrial policy which is attracting huge investments in Telangana.

KCR said that Foxconn's huge investment and the opportunity to create more than one lakh jobs like never before in Telangana is commendable. Steps will be taken to ensure that one lakh jobs are available for the local youth as much as possible, he added.

The Chief Minister also assured the Foxconn Chairman that the state government will provide all kind of support to the electronics major for its operations in the state.

Young Liu on his part said that his organisation has studied extensively about Telangana, as he praised the friendly industrial development ecosystem created in the state.

The Foxconn Chairman also expressed happiness over the progress achieved by Telangana in the industrial sector, especially in IT and related electronics sectors, in just eight years, adding that he is optimistic about the investments of his company in the southern state.

Since it was also Young Liu's birthday on Thursday, KCR presented a specially-designed greetings card to him besides hosting a lunch in his honour.

Minister for IT and Industry, K.T. Rama Rao, some other ministers and top officials were also present on the occasion.

--IANS

[EIlen]

plzz, Location chepthe chuttu pakka plots konipadestham immediate ga

[Anta Assamey]

Just now, EIlen said:

plzz, Location chepthe chuttu pakka plots konipadestham immediate ga

Aa ippati varaku unchutaru .... Eppudo konesi untaru...

[Complex]

1 minute ago, EIlen said:

plzz, Location chepthe chuttu pakka plots konipadestham immediate ga

sangareddy side ani talk

[EIlen]

3 minutes ago, Anta Assamey said:

Aa ippati varaku unchutaru .... Eppudo konesi untaru...

 

2 minutes ago, Complex said:

sangareddy side ani talk

1 lakh jobs ante, chala ventures kavalemo, okka sangareddy saripodemo, Ranga reddy, kamareddy, full stop reddy ectc, chala kavalemo 

[Complex]

Just now, EIlen said:

 

1 lakh jobs ante, chala ventures kavalemo, okka sangareddy saripodemo, Ranga reddy, kamareddy, full stop reddy ectc, chala kavalemo 

sangareedy  and towards ,mumbai haighway.. chala waste land undhi

[Gaali_Gottam_Govinda]

2 minutes ago, Complex said:

sangareddy side ani talk

Not sangareddy........ Ibrahimpatnam...... Ramoji tatha film city ki south side.

 

 https://timesofindia.indiatimes.com/city/hyderabad/telangana-pitches-250-acre-land-to-woo-foxconn/articleshow/98348294.cms

[Telugodura456]

7 minutes ago, EIlen said:

plzz, Location chepthe chuttu pakka plots konipadestham immediate ga

ninnu last lo ekkado pedthaadu KTR. first adani gatra, next KTR favourites jupalli and andhra contractors. tharuvatha chinna chithara politco-businessmen there. next aam admi.

[Android_Halwa]

Oh, this is such a huge development. Electronic components assembly is well suited for a state like TG. 

100's of acres of land development and infra, facilities, human capital, logistics, allied industries and ancillary services etc...

Round -1 la Tamil Nadu and Karnataka esukapoinayi ie industry ni...Round-2..apna time aagaya..!!

[EIlen]

5 minutes ago, Telugodura456 said:

ninnu last lo ekkado pedthaadu KTR. first adani gatra, next KTR favourites jupalli and andhra contractors. tharuvatha chinna chithara politco-businessmen there. next aam admi.

issues/litigations unna ventures lo konadaniki kuda memu ready, mem anthe 🤣

[Android_Halwa]

 

[argadorn]

25 minutes ago, Anta Assamey said:

Foxconn Chairman Young Liu

Electronics major Foxconn will set up a manufacturing facility in Telangana with employment generation potential for over one lakh people.

This was announced after Foxconn Chairman Young Liu met Telangana Chief Minister K. Chandrasekhar Rao here on Thursday.

Hon Hai Technology Group (Foxconn) and the Government of Telangana signed an agreement at the Pragati Bhavan, the official residence of the Chief Minister.

The historic deal has the potential to generate employment for more than one lakh people over a period of 10 years, said the Chief Minister's Office (CMO).

It was not revealed how much the Taiwanese company will invest in this facility.

"Foxconn's unit will help generate large-scale employment for the youth and will help attract more such industries to the state," said KCR, as the Chief Minister is popularly known.

He said that Telangana considers Taiwan as a natural partner, addind that the state is glad to be a part of Foxconn's growth story.

KCR and Liu discussed the importance of diversifying electronics manufacturing for a resilient supply chain and the pivotal role to be played by the state governments. The Chief Minister said that the government has been successful in implementing a new industrial policy which is attracting huge investments in Telangana.

KCR said that Foxconn's huge investment and the opportunity to create more than one lakh jobs like never before in Telangana is commendable. Steps will be taken to ensure that one lakh jobs are available for the local youth as much as possible, he added.

The Chief Minister also assured the Foxconn Chairman that the state government will provide all kind of support to the electronics major for its operations in the state.

Young Liu on his part said that his organisation has studied extensively about Telangana, as he praised the friendly industrial development ecosystem created in the state.

The Foxconn Chairman also expressed happiness over the progress achieved by Telangana in the industrial sector, especially in IT and related electronics sectors, in just eight years, adding that he is optimistic about the investments of his company in the southern state.

Since it was also Young Liu's birthday on Thursday, KCR presented a specially-designed greetings card to him besides hosting a lunch in his honour.

Minister for IT and Industry, K.T. Rama Rao, some other ministers and top officials were also present on the occasion.

--IANS

Special greeting card anta ktr 

[Android_Halwa]

9 minutes ago, Telugodura456 said:

ninnu last lo ekkado pedthaadu KTR. first adani gatra, next KTR favourites jupalli and andhra contractors. tharuvatha chinna chithara politco-businessmen there. next aam admi.