Foxconn

2024 - 8 - 17

Is Bangalore Becoming the Next Tech Paradise? Foxconn’s Big Talks!

Economic Growth - Electric Vehicles - Foxconn - Investment in India - Job Opportunities - Karnataka Government - Telangana Government

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!

Post cover
Image courtesy of "Economic Times"

Foxconn meets Karnataka govt for potential investment talks while it ... (Economic Times)

Karnataka Government, under CM Siddaramaiah, held a strategic meeting with Foxconn's CEO Young Liu about expanding their operations. Foxconn is setting up a ...

Post cover
Image courtesy of "The Hindu"

Eager to explore investment opportunities in proposed new city ... (The Hindu)

Revanth Reddy assures all support to Foxconn, including incentives and necessary approvals, for setting up factories in the fourth city.

Post cover
Image courtesy of "Hindustan Times"

Karnataka government engages with iPhone-maker Foxconn for ... (Hindustan Times)

The Karnataka Government held a meeting with Foxconn on strengthening it's existing investment in Karnataka. | Bengaluru News.

Post cover
Image courtesy of "Deccan Herald"

Bengaluru will have Foxconn's second largest iPhone plant (Deccan Herald)

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 ...

Post cover
Image courtesy of "Business Standard"

Foxconn eyes Hyderabad investment, CM Reddy pitches 'fourth city ... (Business Standard)

Taiwanese electronics major Foxconn has expressed interest in exploring investment opportunities in Hyderabad, Telangana government said on Friday.

Post cover
Image courtesy of "Inc42 Media"

Siddaramaiah Meets Foxconn CEO Seeking Potential Investment In ... (Inc42 Media)

The meeting focused on Foxconn's current and upcoming projects, which are anticipated to substantially enhance the state's economic growth, ...

Post cover
Image courtesy of "ETCIO.com"

Rahul Gandhi meets Foxconn chairman, discusses future of tech ... (ETCIO.com)

Rahul Gandhi and Foxconn chairman Young Liu held a meeting in New Delhi, discussing the future of technological innovation in India and globally.

Post cover
Image courtesy of "Moneycontrol.com"

Foxconn is setting up EV production line under Project Cheetah ... (Moneycontrol.com)

During a dinner meeting with Karnataka Chief Minister Siddaramaiah, Foxconn Chairman Young Liu stated that the unit in Karnataka would soon become the ...

Post cover
Image courtesy of "Business Standard"

Tamil Nadu, Karnataka, Telangana line up to woo Foxconn chief ... (Business Standard)

TN inaugurates housing project for Foxconn employees; Karnataka holds meeting to fast track Rs 22000 crore Project Elephant.

Post cover
Image courtesy of "Hindustan Times"

Foxconn chief defends hiring practices after report married women ... (Hindustan Times)

"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 ...

Post cover
Image courtesy of "Business Standard"

Foxconn chief defends hiring process after report of married women ... (Business Standard)

The chairman of the Taiwan-based iPhone contract manufacturer was speaking at the inaugural ceremony of its women-only residential complex here.

Post cover
Image courtesy of "Deccan Herald"

Following Foxconn's Bengaluru campus announcement, Oppn ... (Deccan Herald)

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 ...

Post cover
Image courtesy of "Deccan Herald"

Tamil Nadu inaugurates China-like hostel facility worth Rs 700 cr for ... (Deccan Herald)

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 hires regardless of gender, recruitment on a rise in India ... (Economic Times)

Foxconn Chairman Young Liu stressed the importance of married women in their workforce during the inauguration of a new residential complex for female ...

Post cover
Image courtesy of "Times of India"

Stalin opens industrial housing facility for Foxconn workers in Chennai (Times of India)

CHENNAI: Tamil Nadu chief minister M K Stalin on Saturday inaugurated an industrial housing facility for women employees of Apple contract manufacture.

Post cover
Image courtesy of "Times of India"

Foxconn's 'Apple' of opportunity: Karnataka plant set to bloom 40000 ... (Times of India)

Foxconn, the Taiwanese contract manufacturer, announced a Rs 22000 crore investment in Karnataka, which includes a manufacturing unit near Doddaballa.

Post cover
Image courtesy of "The Indian Express"

With Rs 706 crore facility that can house 18720 women, Foxconn ... (The Indian Express)

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 ...

Post cover
Image courtesy of "Times of India"

Minister shifts gears, drives home investment pitch to Foxconn chief (Times of India)

Industry minister T R B Rajaa drives Foxconn chairman Dr Young Liu to investment pitch in Tamil Nadu, discussing AI and semiconductor plant possibilities.

Post cover
Image courtesy of "Financial Express"

Married women greatly contribute to our efforts: Foxconn's Liu (Financial Express)

Foxconn Chairman Young Liu said the company practices gender-inclusive hiring and that women make up for a substantial portion of its workforce at its Tamil ...

Post cover
Image courtesy of "The Hindu"

Foxconn unit in Karnataka will be the second-largest after China ... (The Hindu)

Karnataka CM assures full support to Foxconn for ₹25000 crore investment in manufacturing plant, creating 40000 jobs.

Post cover
Image courtesy of "Economic Times"

Foxconn: Foxconn looks to tech on more than making smartphones ... (Economic Times)

Taiwanese contract manufacturer Foxconn's chairman Young Liu told ET, that the company is looking at setting up townships in Tamil Nadu, replicating its ...

Post cover
Image courtesy of "Inc42 Media"

Foxconn Has Invested $10 Bn In India So Far: Chairman Young Liu (Inc42 Media)

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 ...

Foxconn working on plans to set up battery energy storage system ... (Deccan Herald)

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 ...

Post cover
Image courtesy of "The Hindu BusinessLine"

Foxconn to set up battery energy storage system unit in India (The Hindu BusinessLine)

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 ...

Post cover
Image courtesy of "Moneycontrol.com"

Foxconn working on plans to set up battery energy storage system ... (Moneycontrol.com)

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 ...

Post cover
Image courtesy of "Business Standard"

Foxconn business in India crosses $10 bn mark; invests $1.4 bn till ... (Business Standard)

iPhone contract manufacturer Foxconn's business in India has grown to over USD 10 billion till 2024, its chairman Young Liu said here.

Post cover
Image courtesy of "Hindustan Times"

Foxconn working on plans to set up battery energy storage system ... (Hindustan Times)

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.

Post cover
Image courtesy of "Economic Times"

Foxconn working on plans to set up battery energy storage system ... (Economic Times)

Foxconn's chairman, Young Liu, disclosed the company's intention to set up a Battery Energy Storage System unit in India, targeting the electric vehicle ...

Post cover
Image courtesy of "Times of India"

Foxconn to establish battery energy storage system unit in India (Times of India)

India Business News: Foxconn, the Taiwanese electronics manufacturing giant, is developing plans to establish a battery energy storage system (BESS) unit in ...

Post cover
Image courtesy of "The Machine Maker"

Foxconn Discusses Investment with Karnataka Amid iPhone Plant ... (The Machine Maker)

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.

Explore the last week