INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Apple Inc partner Foxconn Technology Group states it is dedicated to establishing producing center in Telangana, Hyderabad, the
In an official letter dealt with to Telangana chief minister K Chandrasekhar Rao, the Taiwanese electronic major verified its commitment of
establishing the manufacturing center in Kongar Kalan.Foxconn Technology Group chairman Young Liu sought support State group in
operationalising the Kongar Kalan Park as early as possible, a release from the CMO said.Rao and Liu satisfied in Pragathi Bhavan, on March
2, and it was agreed that Foxconn would set up electronics producing center in Telangana with employment generation potential for over 1
lakh people, the CMO release added.Terming Taiwan as a natural partner of Telangana, chief minister K Chandrasekhar Rao stated: Telangana
was pleased to be a part of Foxconns growth story
The government is on a mission to transform Telangana for the better and has actually carried out several marquee tasks to realise the
vision of Bangaru Telangana
Foxconns system will assist in producing massive work and will assist in attracting more such industries, stated KCR.To seal the deal, a
memorandum of understanding was signed in between Hon Hai Technology Group and the state government at Pragati Bhavan for the proposed
facilities in presence of CM KCR, who also presented a specifically made welcoming to Liu as it was his birthday and hosted a lunch for
him.KCR and Liu are learnt to have discussed the value of diversifying electronics manufacturing for a resistant supply chain and the
essential role states can play.(With inputs from companies)
