Foxconn delegation meets CM, plans supplementary plant
1 year, 5 months ago

Foxconn delegation meets CM, plans supplementary plant

Deccan Chronicle  

Bengaluru: The delegates of Foxconn Industrial Internet, a subsidiary of i-phone maker, led by Foxconn Chief Executive Officer Brand Cheng held discussion with Chief Minister Siddaramaiah in Bengaluru on Monday over setting-up of Foxconn supplementary plant in about 100-acre of land. To the Foxconn delegation, Chief Minister Siddaramaiah extended an invitation to set-up its plant and assured the state government would take the initiative to provide human resources required. The Chief Minister told the Foxconn delegation that proper coordination exists between academia and industries in Karnataka while the state owns an ecosystem to enable the growth of industries. The delegation would be shown to Japan Industrial Township in Tumakuru, about 70-km from Bengaluru city, for examination of the land required for setting up of the supplementary plant.

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History of this topic

Land, power and skill: Inside the high-stakes battle to build the next Foxconn City
1 month, 1 week ago

Land, power and skill: Inside the high-stakes battle to build the next Foxconn City

Live Mint  

New Delhi/Chennai: In December 2021, over 400 women staying at a hostel at Puduchatram on the Chennai-Tirupati highway took ill. All of them worked at a mobile phone manufacturing facility at Sriperumbudur run by Foxconn, the world’s largest contract electronics maker and one of Apple’s primary suppliers. Here’s an instance of one-upmanship: On the day the worker housing facility was …

iPhone-maker Foxconn infuses ₹1,200 crore in Karnataka unit
3 months, 4 weeks ago

iPhone-maker Foxconn infuses ₹1,200 crore in Karnataka unit

Hindustan Times  

Electronics manufacturing giant Foxconn has infused about ₹1,200 crore -- approximately USD 144 million -- into its Karnataka-based Foxconn Hon Hai Technology India Mega Development Pvt Ltd, the company said in a recent regulatory filing. FILE PHOTO: The logo of Foxconn is seen outside the company's building in Taipei, Taiwan, The iPhone contract manufacturer's Singapore-based arm Foxconn Singapore Pte has …

Minister Lokesh urges Foxconn to establish mega manufacturing city in Andhra
4 months ago

Minister Lokesh urges Foxconn to establish mega manufacturing city in Andhra

New Indian Express  

VIJAYAWADA: Minister for Human Resource Development, Information Technology, and Electronics Nara Lokesh, who promised to create 2 million jobs for the youth, has been actively working towards fulfilling the election promise. On the occasion, Minister Lokesh informed the Foxconn representatives about the new electronics policy which would be unveiled soon. We will extend all cooperation for this,” Minister Lokesh told …

Karnataka government engages with iPhone-maker Foxconn for further potential investment
4 months ago

Karnataka government engages with iPhone-maker Foxconn for further potential investment

Hindustan Times  

The Karnataka Government, under the leadership of Chief Minister Siddaramaiah, held a strategic meeting with the CEO and Chairman of Hon Hai Technology Group Young Liu on Friday on strengthening Foxconn's existing investment in Karnataka and exploring future opportunities to expand the company's operations within the state. READ | Karnataka suspends leaves of government doctors amid IMA nationwide strike after …

CM Siddaramaiah hosts Foxconn chief, discusses firm’s big plans for Karnataka
4 months, 1 week ago

CM Siddaramaiah hosts Foxconn chief, discusses firm’s big plans for Karnataka

New Indian Express  

BENGALURU: Chief Minister Siddaramaiah on Friday assured Taiwanese electronics manufacturer Foxconn of complete support to its projects in Karnataka, and requested the firm further invest in the state. Our government is always ready to support you, and I request that you further invest in Karnataka, which has huge investment potential,” the CM said during a meeting with Young Liu, Chief …

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 …

Lenskart's Peyush Bansal seeks for land in Bengaluru for ‘mega factory’, Karnataka minister responds
8 months, 2 weeks ago

Lenskart's Peyush Bansal seeks for land in Bengaluru for ‘mega factory’, Karnataka minister responds

Hindustan Times  

India based Eyewear chain Lenskart co-founder Peyush Bansal said that the company is in plans to build its next mega factory in Bengaluru. He also said that 25 acres of land is required near Kempegowda International Airport for opening a mega factory and asked if any factory is for sale in the desired location. In a LinkedIn post, the unicorn …

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 open its first iPhone assembly plant in Bengaluru in April 2024, to make 20 mn units a year
1 year ago

Foxconn to open its first iPhone assembly plant in Bengaluru in April 2024, to make 20 mn units a year

Firstpost  

Foxconn is gearing up to inaugurate its first iPhone assembly plant in Bengaluru in April 2024, where it will assemble over 20 million units each year. This will be Foxconn’s second iPhone assembly plant in India, after the one in Tamil Nadu’s Sriperumbudur In a significant development, Foxconn, a key Apple supplier, is gearing up to inaugurate its first iPhone …

Karnataka clears Foxconn’s total investment of ₹21,911 crore
1 year ago

Karnataka clears Foxconn’s total investment of ₹21,911 crore

The Hindu  

Taiwan-based electronic manufacturer Foxconn’s total investment proposal of ₹21,911 crore in Karnataka was approved by the State High-Level Clearance Committee chaired by Chief Minister Siddaramaiah here on Tuesday. In all, the committee cleared investment proposals worth ₹34,000 crore that are expected to generate employment for 14,702 people. He said that while Foxconn initially had a proposal of ₹8,000 crore, the …

IPhone maker Foxconn plans ₹13,300 crore in India expansion bid
1 year ago

IPhone maker Foxconn plans ₹13,300 crore in India expansion bid

Hindustan Times  

IPhone maker Hon Hai Precision Industry Co. plans to expand its footprint in India with another NT$50 billion investment for construction projects. The logo of Foxconn is seen outside the company's building in Taipei, Taiwan, The announcement, made in an exchange filing in Taiwan late Monday, didn’t give any further details, saying only that the investment was for “operational needs.” …

Foxconn’s gift to PM Modi: iPhone maker promises to hire thousands as it looks to expand in India
1 year, 3 months ago

Foxconn’s gift to PM Modi: iPhone maker promises to hire thousands as it looks to expand in India

Firstpost  

Foxconn has hinted that it plans to expand rapidly in India and will create tens of thousands of jobs by next year. Lee expressed Foxconn’s strong commitment to doubling its workforce, increasing foreign direct investment, and expanding its overall business operations in India within the next year. We will redouble our efforts to offer you an even greater birthday gift …

Foxconn gets board nod for $400 million investment in Telangana
1 year, 4 months ago

Foxconn gets board nod for $400 million investment in Telangana

The Hindu  

Leading contract manufacturer of electronics globally Foxconn, which operates through multiple entities, has announced board approval for a $400 million investment in Telangana, the southern State where in May it broke ground for a $500 million manufacturing facility. Telangana IT and Industries Minister shared a social media post of V. Lee, Foxconn representative in India, and said that adding the …

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 …

Karnataka-Foxconn sign Letter of Intent for two new projects worth ₹5,000 crore
1 year, 4 months ago

Karnataka-Foxconn sign Letter of Intent for two new projects worth ₹5,000 crore

The Hindu  

The Karnataka government and iPhone maker Foxconn have signed the Letter of Intent to set up two additional projects with an estimated investment outlay of ₹5,000 crore, said Large and Medium Industries Minister M.B. The intended projects include a phone enclosure project for which Foxconn Industrial Internet,, a Foxconn subsidiary, will invest ₹3,000 crore that is estimated to create 12,000 …

Foxconn arm Fii now proposes a project with ₹8,800 crore investment at Tumakuru in Karnataka
1 year, 5 months ago

Foxconn arm Fii now proposes a project with ₹8,800 crore investment at Tumakuru in Karnataka

The Hindu  

Foxconn Industrial Internet, a subsidiary of iPhone maker Foxconn, has made a proposal to set up a plant at Tumakuru in Karnataka with an investment outlay of ₹8,800 crore. As per the fresh proposal, Fii has explored opportunities to set up a plant that would bring in an investment of ₹8,800 crore to the state and generate 14,000 jobs. The …

Foxconn unit proposes second iPhone plant in Karnataka, to invest ₹8,800 crore
1 year, 5 months ago

Foxconn unit proposes second iPhone plant in Karnataka, to invest ₹8,800 crore

Hindustan Times  

Taiwanese electronics manufacturing giant Foxconn, which is a major supplier for Apple Inc, has proposed a second manufacturing unit in Karnataka, Large and Medium Industries Minister M B Patil said on Monday. Foxconn's unit, called Foxconn Industrial Internet, will set up a second plant of around 100 acres in Tumakuru by investing around ₹ 8,800 crore. Foxconn's unit, called Foxconn …

'Legal hurdles resolved, 300-acre of land will be given to Foxconn soon': Karnataka Minister MB Patil
1 year, 5 months ago

'Legal hurdles resolved, 300-acre of land will be given to Foxconn soon': Karnataka Minister MB Patil

Firstpost  

Earlier this week, Foxconn terminated its joint venture with India’s Vedanta Group for chip production. Sources revealed that Foxconn has been in talks with TSMC and TMH for quite some time now Karnataka’s Large and Medium Industry Minister MB Patil said on Friday that the legal hurdles to establishing iPhone makers’ Foxconn factory in the state have been cleared and …

Foxconn to start manufacturing iPhone in Karnataka by April 2024
1 year, 6 months ago

Foxconn to start manufacturing iPhone in Karnataka by April 2024

The Hindu  

Taiwan’s Foxconn Technology Group will start manufacturing iPhones at its proposed Devanahalli plant, north of Bengaluru city in Karnataka, by April 2024, according to M.B. When Foxconn representatives led by George Chu met the Minister on June 15, he reiterated that the Karnataka Government would hand over the required land to the company by July 1 to facilitate manufacturing of …

Foxconn iPhone factory: Clash for credit breaks out between BJP, Cong; DK had called Bommai govt MoU with company 'fake'
1 year, 6 months ago

Foxconn iPhone factory: Clash for credit breaks out between BJP, Cong; DK had called Bommai govt MoU with company 'fake'

Firstpost  

Months after DK Shivakumar termed “fake” the then BJP government’s claims of new MoU with Foxconn to manufacture iPhones in the state, Karnataka minister Priyank Kharge on Thursday confirmed the veracity of the upcoming project Months after Congress leader DK Shivakumar termed “fake” the then BJP government’s claims of new MoU with Foxconn to manufacture iPhones in the state, Priyank …

Karnataka govt. to hand over land to iPhone maker Foxconn by July 1: Minister M.B. Patil
1 year, 6 months ago

Karnataka govt. to hand over land to iPhone maker Foxconn by July 1: Minister M.B. Patil

The Hindu  

Large and Medium Industries Minister M.B. Patil on Thursday said that Foxconn plans to start manufacturing iPhone units by April, 2024, at its proposed Devanahalli plant as the State government would be handing over the required land by July 1 this year. Along with this, the Government would ensure 5 MLD of water, quality power supply, road connectivity and other …

Foxconn breaks ground for $500 million manufacturing plant near Hyderabad
1 year, 7 months ago

Foxconn breaks ground for $500 million manufacturing plant near Hyderabad

The Hindu  

Electronics manufacturing major and iPhone maker Apple’s supplier Foxconn broke ground on Monday for a production plant near Hyderabad, on which Telangana IT Minister K.T. A greenfield project, the facility will create 25,000 direct jobs in its first phase itself, Mr. Rao told the groundbreaking at Kongara Kalan, in neighbouring Ranga Reddy, in the presence of Foxconn subsidiary Foxconn Interconnect …

Foxconn's Hyd unit to take off today
1 year, 7 months ago

Foxconn's Hyd unit to take off today

Deccan Chronicle  

HYDERABAD: Telangana state will scrpit a new historical chapter in the industrial sector on Monday, with Taiwanese multinational electronics giant Foxconn beginning its works on setting up its manufacturing facility in Kongara Kalan on the city’s outskirts with an investment of nearly Rs 3,500 crore. Rama Rao and Foxconn officials will take part in the ground-breaking ceremony on Monday and …

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 …

iPhone-Maker Foxconn Receives Karnataka Govt Approval On Rs 8,000 Crore Project, May Generate 50,000 Jobs
1 year, 9 months ago

iPhone-Maker Foxconn Receives Karnataka Govt Approval On Rs 8,000 Crore Project, May Generate 50,000 Jobs

ABP News  

The Karnataka government on Monday gave its nod to Rs Rs 8,000 crore project by iPhone-Maker Foxconn Hon Hai Technology India Mega Development Private Limited. The committee also cleared 18 other projects with a total projected investment of around Rs 75,393.57 crore. On March 3, a delegation led by Foxconn CEO and chairman Young Liu visited Karnataka and held a …

Will be in close contact with Karnataka regarding manufacturing project: Foxconn
1 year, 9 months ago

Will be in close contact with Karnataka regarding manufacturing project: Foxconn

Live Mint  

Hon Hai Technology Group on Monday said it will be in "close contact" with the Karnataka government to take forward and ensure the "successful grounding" of its manufacturing project near Bengaluru. "My team will be in close contact with your team to take this forward and ensure successful grounding of "Project Elephant" in Bengaluru. Thanking the Chief Minister and his …

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 …

Keen to take project forward in Bengaluru, says Foxconn in letter to Bommai
1 year, 9 months ago

Keen to take project forward in Bengaluru, says Foxconn in letter to Bommai

The Hindu  

Two days after issuing a ‘clarification’ that “no binding and definitive” agreements were made on investments in Karnataka, Taiwanese Hon Hai Precision Industry Co. Ltd. on Monday wrote to Karnataka Chief Minister Basavaraj Bommai expressing keenness to take forward its proposed electronics production facility in Karnataka. Foxconn Chairman Young Liu, in his letter to Mr. Bommai, promised to ensure successful …

Apple Partner Foxconn To Set Up Manufacturing Facility in Telangana, May Create 1 Lakh Jobs
1 year, 9 months ago

Apple Partner Foxconn To Set Up Manufacturing Facility in Telangana, May Create 1 Lakh Jobs

News 18  

Taiwanese electronics giant Foxconn will set up its manufacturing facility in Telangana, even as Hon Hai Technology Group and the state government have signed an agreement. Foxconn Chairman Young Liu on Thursday called on Telangana Chief Minister K Chandrashekar Rao. According to a Bloomberg report, Apple Inc partner Foxconn Technology Group plans to invest about $700 million on a new …

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, …

Apple supplier Foxconn plans to quadruple workforce at India plant: Report
2 years, 1 month ago

Apple supplier Foxconn plans to quadruple workforce at India plant: Report

Live Mint  

Apple supplier Foxconn plans to quadruple the workforce at its iPhone factory in India over two years, two government officials with knowledge of the matter said, pointing to a production adjustment as it faces disruptions in China. While the size of the plant in India's southern state of Tamil Nadu is dwarfed by Foxconn's Zhengzhou plant, which employs 200,000 workers, …

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