Foxconn to start production in Hyderabad soon: Minister Sridhar Babu
2 weeks, 3 days ago

Foxconn to start production in Hyderabad soon: Minister Sridhar Babu

New Indian Express  

HYDERABAD: IT and Industries Minister D Sridhar Babu announced that Foxconn’s Kongara Kalan facility would commence production soon. He noted that global logistics leader FedEx established its advanced capability community in Hyderabad with a 100 million dollar investment, generating 1,000 jobs in the first year. The London Stock Exchange Group’s Technology Centre of Excellence, established in January, is scaling up rapidly, with its workforce growing from 300 to 1,000 employees, the minister said. Sridhar also mentioned that Cognizant announced plans to create 15,000 new jobs and open a new office following the chief minister’s meeting with the company’s CEO in the US.

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History of this topic

Eager to explore investment opportunities in proposed new city, Foxconn chairman tells Telangana CM
4 months, 1 week ago

Eager to explore investment opportunities in proposed new city, Foxconn chairman tells Telangana CM

The Hindu  

Taiwanese electronics contract manufacturing major Foxconn has conveyed interest in exploring investment opportunities in Hyderabad, especially the fourth city the government has mooted on the outskirts, to Chief Minister A. Revanth Reddy. “The Chief Minister highlighted Telangana’s new investment friendly policies and the ambitious Fourth City project, extending an invitation to Foxconn. Stating that he was impressed with Mr.Reddy’s vision …

Foxconn Delegation Meets Telangana CM, Assures to Start Hyderabad Ops by May '24
11 months, 3 weeks ago

Foxconn Delegation Meets Telangana CM, Assures to Start Hyderabad Ops by May '24

Deccan Chronicle  

HYDERABAD: A delegation of the Foxconn Group, a Taiwanese company that manufactures Apple products, on Tuesday met Chief Minister A. Revanth Reddy at the Secretariat to discuss the company’s expansion plans for Telangana. The delegation, led by Foxconn's Hon Hai Precision Industry Company Limited’s representative Wee Lee, said that its manufacturing plant at Kongarakalan on the city outskirts will become …

Foxconn to invest $400m more in Telangana
1 year, 4 months ago

Foxconn to invest $400m more in Telangana

Deccan Chronicle  

HYDERABAD: In a major boost to the state’s manufacturing sector, third-party phone and peripherals contract manufacturer Foxconn Group on Saturday announced an additional investment of $400 million into Telangana. Another $400 million is coming,” V. Lee, Foxconn’s India representative, announced on his LinkedIn wall, while sharing FIT Hon Teng Limited's 'voluntary announcement' that the company had made to the Hong …

Foxconn's $300 million plant to take off on May 15
1 year, 7 months ago

Foxconn's $300 million plant to take off on May 15

Deccan Chronicle  

HYDERABAD: The $300 million electronics manufacturing facility of Foxconn, Taiwanese multinational electronics contract manufacturer, is all set to take off on May 15 in Telangana. Foxconn chairman Young Liu and his team met Chief Minister K. Chandrashekar Rao, and Industries Minister K.T.Rama Rao at Pragathi Bhavan on March 2. Following the meeting, the Chief Minister's Office issued a press release …

Foxconn chairman writes to CM, confirms plant in Telangana
1 year, 9 months ago

Foxconn chairman writes to CM, confirms plant in Telangana

Deccan Chronicle  

HYDERABAD: Ending the confusion over setting up an electronic manufacturing facility in Telangana, Foxconn Technology Group chairman Young Liu wrote a letter to Chief Minister K. Chandrashekar Rao on Monday stating that the Taiwanese contract manufacturing giant is committed to setting up the plant at Kongarakalan Park on the city outskirts while referring to the CM as a "new friend …

Foxconn electronics unit to come up in Hyderabad, generate 1 lakh jobs
1 year, 9 months ago

Foxconn electronics unit to come up in Hyderabad, generate 1 lakh jobs

Deccan Chronicle  

Hyderabad: Taiwanese multinational electronics contract manufacturer Hon Hai Technology Group signed a memorandum of understanding with the state government on Thursday to establish its manufacturing facility in the state. Chief Minister K. Chandrashekar Rao, along with Foxconn chairman Young Liu, who was in the city, announced that an electronics manufacturing facility would come up in Hyderabad. Welcoming Foxconn to Telangana, …

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