Telangana IT and Industries Minister KT Rama Rao has requested Taiwanese electronics manufacturing main Foxconn to think about finding its proposed manufacturing facility for electrical autos within the State.
The Minister met Foxconn Chairman, Younger Liu, in New Delhi on Thursday and pitched for the corporate’s investments within the State.
“Foxconn is likely one of the largest employers globally within the area of electronics manufacturing. We’re enthusiastic about their resolution to enterprise into EV manufacturing too. I guarantee the corporate of the very best assist potential from Telangana and invited the crew to discover the State ” he stated.
“Our India expertise has been thrilling, and we sit up for discover the alternatives that Telangana presents,” Liu stated throughout the assembly.
The Taiwanese firm, with annual revenues of $206 billion, has manufacturing models in Tamil Nadu and Andhra Pradesh.
In the course of the interplay, Rama Rao and Younger Liu mentioned Foxconn’s plans of increasing its footprint in India.
June 23, 2022