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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. The Taiwanese company had previously committed to establishing an electronics manufacturing facility for which it had been granted 300 acres in the IT investment region near Bengaluru international airport in Devanahalli. This facility, which is expected to involve an investment of Rs 13,700 crore ($1.7 billion), will primarily assemble iPhones.
Foxconn's unit, called Foxconn Industrial Internet (Fii), will set up a second plant of around 100 acres in Tumakuru by investing around $1.1 billion , a government release stated, according to news agency ANI.
Chief Minister Siddaramaiah held a meeting with the delegates of the subsidiary and its CEO, Brand Cheng on Monday, wherein industries minister MB Patil and IT minister Priyank Kharge were also present.
The second unit will create 14,000 jobs, the release added. “The delegates of the company will be taken to Tumakuru to examine the available land at Japan Industrial Township in Tumakuru today itself,” it further stated.
The subsidiary manufactures screens, outer coverings and mechanical components needed for phones. In this light, CM Siddaramaiah assured that the state has an ecosystem to enable the growth of industries, and that his government would “take the initiative to make available human resources with the required skill sets”.
"The state is ready to provide full support, offering land required to set up the manufacturing unit, in the 100 acres of land available in the Japanese Industrial Park near (the district headquarters town of) Tumakuru", MB Patil wrote in a tweet
www.hindustantimes.com
m.timesofindia.com
Foxconn's unit, called Foxconn Industrial Internet (Fii), will set up a second plant of around 100 acres in Tumakuru by investing around $1.1 billion , a government release stated, according to news agency ANI.
Chief Minister Siddaramaiah held a meeting with the delegates of the subsidiary and its CEO, Brand Cheng on Monday, wherein industries minister MB Patil and IT minister Priyank Kharge were also present.
The second unit will create 14,000 jobs, the release added. “The delegates of the company will be taken to Tumakuru to examine the available land at Japan Industrial Township in Tumakuru today itself,” it further stated.
The subsidiary manufactures screens, outer coverings and mechanical components needed for phones. In this light, CM Siddaramaiah assured that the state has an ecosystem to enable the growth of industries, and that his government would “take the initiative to make available human resources with the required skill sets”.
"The state is ready to provide full support, offering land required to set up the manufacturing unit, in the 100 acres of land available in the Japanese Industrial Park near (the district headquarters town of) Tumakuru", MB Patil wrote in a tweet
Foxconn unit proposes second iPhone plant in Karnataka, to invest ₹8,800 crore
Foxconn, a major supplier for Apple, has proposed a second manufacturing unit in Karnataka, India, which would create 14,000 jobs.
Foxconn Karnataka: Govt offers additional 100 acres to Foxconn for $1 billion phone parts plant | Bengaluru News - Times of India
The Karnataka government on Monday offered Foxconn, one of the world's largest manufacturers of iPhones, an additional 100 acres of land to set up an
m.timesofindia.com
