Watch out, Silicon Valley! Foxconn is eyeing Karnataka with some mega investment talks!
In a groundbreaking move that could reshape the tech landscape in India, the Karnataka government, under Chief Minister Siddaramaiah, held strategic talks with Young Liu, CEO of Foxconn. The Taiwanese electronics giant is looking to not only expand its footprint in India but also invest in a proposed new city. With plans to set up factories in Karnataka already underway, it seems like the southern state is gearing up for a technological revolution. Who needs Silicon Valley when you have Bengaluru, right?
Revanth Reddy, the Telangana Minister, has also jumped into the fray, assuring Foxconn of all necessary support—including incentives and swift approvals—as they explore opportunities to invest in Hyderabad, the bustling tech hub of India. It looks like the friendly rivalry between Karnataka and Telangana is heating up! Who will host the next big factory? Stay tuned, folks!
The meeting didn’t just stop at investments but also delved into how Foxconn's projects could significantly boost economic growth in the region. The anticipation is building, and local businesses are already gearing up for partnerships, job creation, and ultimately a boost in tech innovation. Could this be the spark that ignites a new era of electronics manufacturing in India? Only time will tell!
Interestingly, while the Karnataka government is roping in the iPhone maker, the discussions also caught the attention of political bigwigs like Rahul Gandhi, who joined the conversation to discuss the future of technology in the country. His meeting with Foxconn Chairman Young Liu underscores the importance of fostering relationships to drive forward technological advancement in India.
Did you know that Foxconn is the largest contract electronics manufacturer in the world and employs over a million workers? This investment could mean thousands of jobs for young professionals in India! Moreover, with companies like Foxconn investing heavily in India, experts predict that the country may soon rival China as a manufacturing hub for the tech industry. Grab your popcorn—it’s going to be a thrilling ride!
Karnataka Government, under CM Siddaramaiah, held a strategic meeting with Foxconn's CEO Young Liu about expanding their operations. Foxconn is setting up a ...
Revanth Reddy assures all support to Foxconn, including incentives and necessary approvals, for setting up factories in the fourth city.
The Karnataka Government held a meeting with Foxconn on strengthening it's existing investment in Karnataka. | Bengaluru News.
Foxconn CEO Young Liu with Karnataka CM Siddaramaiah. Bengaluru: The Rs 22,000-crore investment Taiwan's Hon Hai Technology Group (Foxconn) is pitching in ...
Taiwanese electronics major Foxconn has expressed interest in exploring investment opportunities in Hyderabad, Telangana government said on Friday.
The meeting focused on Foxconn's current and upcoming projects, which are anticipated to substantially enhance the state's economic growth, ...
Rahul Gandhi and Foxconn chairman Young Liu held a meeting in New Delhi, discussing the future of technological innovation in India and globally.
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"Foxconn hires regardless of gender, but women make up a big part of our workforce here," Young Liu said during the opening ceremony for a hostel complex for ...
The chairman of the Taiwan-based iPhone contract manufacturer was speaking at the inaugural ceremony of its women-only residential complex here.
BRS working president K T Rama Rao stated that the then BRS government had signed an MoU with Foxconn to create one lakh jobs in Telangana. However, KTR raised ...
Inaugurating the housing facility, Chief Minister M K Stalin said Foxconn is an integral part of Tamil Nadu's economic growth story and expressed the hope that ...
Foxconn Chairman Young Liu stressed the importance of married women in their workforce during the inauguration of a new residential complex for female ...
CHENNAI: Tamil Nadu chief minister M K Stalin on Saturday inaugurated an industrial housing facility for women employees of Apple contract manufacture.
Foxconn, the Taiwanese contract manufacturer, announced a Rs 22000 crore investment in Karnataka, which includes a manufacturing unit near Doddaballa.
Foxconn chairman Young Liu said on Saturday that married women play a significant role in his company's production facilities, during the opening of a Rs ...
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Karnataka CM assures full support to Foxconn for ₹25000 crore investment in manufacturing plant, creating 40000 jobs.
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Liu said that India is on the rise and the OEM is looking to be a part of the country's growth story. Addressing allegations of job discrimination against ...
With an eye on the electric vehicle segment, Foxconn has been expanding its battery manufacturing business, with the first plant already set up in Taiwan. Liu ...
With an eye on the electric vehicle segment, Foxconn has been expanding its battery manufacturing business, with the first plant already set up in Taiwan. Liu ...
With an eye on the electric vehicle segment, Foxconn has been expanding its battery manufacturing business, with the first plant already set up in Taiwan. Story ...
iPhone contract manufacturer Foxconn's business in India has grown to over USD 10 billion till 2024, its chairman Young Liu said here.
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The Karnataka Government, led by CM Siddaramaiah, met with Foxconn CEO to discuss a Rs 22000 crore mobile assembly plant that will generate 40000+ jobs.