Hyderabad, Dec 26 (UNI)- Foxconn delegation by Lee representative of Foxconn’s Hon Hai Precision Industry Company Limited met Telangana Chief Minister A Revanth Reddy at Dr B R Amedkar Secretariat on Tuesday.
Speaking on the occasion, the Chief Minister reiterated the government’s commitment to the industrial development of the state.
Revanth Reddy emphasized that the newly formed state government is dedicated to safeguarding the aspirations of the people, adopting a friendly approach with all communities.
He assured that the government would extend full support and cooperation to industrialists, providing the necessary infrastructure and permissions liberally to promote industrial development.
CM Revanth Reddy conveyed that all required steps would be taken to position Telangana as a leader in industrial development in the country. IT and Industry Minister D Sridhar Babu, Chief Secretary Santhi Kumari, and other officials were also present at the meeting.
Foxconn Group entered into an agreement with the Telangana Government in March 2023. Foxconn is engaged in manufacturing Apple iPhones. Foxconn’s major customers include Google, Xiaomi, Amazon, Hewlett Packard, HUAWEI, Alibaba Group, CISCO, Dell, Facebook, Nintendo, Sony, Microsoft, SEGA, Nokia.
Foxconn operates in 24 countries, including China, Vietnam, Thailand, Malaysia, America, Europe, and India. The company has a presence in Sri City (Andhra Pradesh), Sriperumbudur (Tamil Nadu), Telangana (Kongarakalan), and Karnataka (Near Bangalore).
Foxconn signed a Memorandum of Understanding (MoU) with the Telangana government, committing to create one lakh jobs by establishing an electronics manufacturing unit. In the first phase, the company plans to provide 25,000 jobs in the next two years, a statement said.
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