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 and pro-industrial policies in the design of the Fourth City, Mr. Liu said Foxconn is eager to explore investment opportunities and he will visit Hyderabad soon. This came in the backdrop of Mr. Liu meeting then Chief Minister K. Chandrasekhar Rao in March and days later also writing to the latter that “he was happy with Mr. Rao’s vision and efforts towards transformation and development of Telangana.” During that visit, he had also appreciated speed of work in Telangana and the progress the State achieved under KCR.

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History of this topic

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 …

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 …

Minister: US, South Korea investors are favouring Hyderabad for investments
4 months ago

Minister: US, South Korea investors are favouring Hyderabad for investments

Hindustan Times  

Describing the 12-day visit of Telangana official delegation led by chief minister A Revanth Reddy to the United States of America and South Korea as highly productive, state information technology and industries minister Duddilla Sridhar Babu on Saturday said there was a very encouraging response from the investors and technology majors. “The chief minister and myself also met World Bank …

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

Foxconn head Young Liu sees potential to expand sectors, visit Hyderabad
4 months ago

Foxconn head Young Liu sees potential to expand sectors, visit Hyderabad

New Indian Express  

HYDERABAD: Stating that Hyderabad has the potential to expand in all sectors, Foxconn chairman Young Liu on Friday announced that he would visit the city soon to explore investment opportunities. Revanth also outlined the development of the “Fourth City”, saying that it will focus on multifaceted growth in sectors such as education, life sciences, medicine, sports, electronics, electrical industries and …

Revanth pitches for Fourth City project with Foxconn
4 months, 1 week ago

Revanth pitches for Fourth City project with Foxconn

Deccan Chronicle  

Hyderabad: Chief Minister A. Revanth Reddy met with Foxconn chairman Young Liu in Delhi on Friday and invited his company to invest in the proposed Fourth City, which is being developed on the city outskirts. Young said Foxconn was eager to explore investment opportunities in Hyderabad and a team led by chief campus operations officer Kathy Yang and India representative …

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 …

Telangana CM Revanth holds meeting with Foxconn representatives
11 months, 3 weeks ago

Telangana CM Revanth holds meeting with Foxconn representatives

The Hindu  

Telangana Chief Minister A. Revanth Reddy has asserted that the State Government is firm on taking steps for paving the way for accelerated industrial development. IT, Industries & Commerce Minister D. Sridhar Babu, Chief Secretary A. Santhi Kumari and senior officials were present in the meeting which was attended by representatives of Hon Hai Precision Industry Co., Ltd. Foxconn had …

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 backs India’s role in electronics manufacturing
1 year, 3 months ago

Foxconn backs India’s role in electronics manufacturing

Live Mint  

NEW DELHI : Foxconn Technology Group chairman Young Liu has backed India as an important country for the future of manufacturing, saying that the opportunities for the development of electronics manufacturing and industrial chains were huge. I don’t think it’s perfect to speculate from history, but we feel that development of the entire ecosystem and industrial chain, and the opportunities …

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 …

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 …

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 $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 …

BRS scrambles to save face after Foxconn denies signing investment agreement
1 year, 9 months ago

BRS scrambles to save face after Foxconn denies signing investment agreement

Deccan Chronicle  

HYDERABAD: A statement from Taiwanese major Foxconn on Saturday, denying it had “binding, definitive” agreements to invest in India, left the ruling Bharat Rashtra Samithi scrambling to save face, three days after it had claimed that the firm would set up a Hyderabad unit and generate 1 lakh jobs over 10 years. Foxconn issued the statement in response to announcements …

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, …

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