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iPhone maker Foxconn mulls plant in Hyd
iPhone maker Foxconn mulls plant in Hyd. Taiwanese iPhone maker Foxconn Technology visited Hyderabad to examine the possibility of establishing a manufacturing facility here.
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Hyderabad: Taiwanese iPhone maker Foxconn Technology visited Hyderabad to examine the possibility of establishing a manufacturing facility here. According to CMO release, Foxconn Group president Calvin Chin and FIH Mobile Ltd chairman Vincent Whtong met Telangana Chief Minister K. Chandrasekhar Rao on Thursday and expressed their intention.
They felt the conditions are favaourable to set up a unit and praised the TS-iPASS system, the release added. Rao invited them to invest in the state and come out with specific plans. He briefed them about the governmenta's plans to set up a mobile manufacturing hub and told them that many mobile phone companies have come forward to establish their units. The chief minister offered suitable land at mobile manufacturing hub, which will have all infrastructure facilities and targeting to provide over two lakh jobs.
The visit by the delegation from Taiwan-based tech giant came a few days after Tarakarama Rao visited that country to invite investments. Chin's visit comes amid reports that the company is scouting for locations to set up 10-12 manufacturing facilities and data centres in India. Foxconn is the world's largest contract maker of electronic goods.
