Foxconn’s Rs 8,800 cr iPhone unit to come up in K’taka
The delegates of the Fii would be taken to Tumakuru to examine the available land at Japan Industrial Township near the district headquarters town.
Representative Image (Photo: Reuters)
BENGALURU: Foxconn, a major iPhone assembler for Apple, has proposed to set up a Rs 8,800 crore supplementary plant to that of the unit at Devanahalli Information Technology Investment Region (ITIR) in Karnataka, the state’s Large and Medium Industries Minister MB Patil said on Monday.
Chief Minister Siddaramaiah chaired a high-level meeting with the delegates of Foxconn Industrial Internet (Fii), headed by its CEO, Brand Cheng, in this regard, he said. As per the proposal, Fii, a subsidiary of Foxconn, has a plan to invest Rs 8,800 crore. “This would create 14,000 jobs and the land required for the project is about 100 acres,” Patil said.
The delegates of the Fii would be taken to Tumakuru to examine the available land at Japan Industrial Township near the district headquarters town.
Information Technology Minister Priyank Kharge and chief secretary Vandita Sharma were also present in the meeting. “Fii will engage in manufacturing screens, and outer coverings apart from making mechanical components needed for phones. This would operate as a supplementary plant to the ‘end assembly’ unit at Devanahalli (ITIR),” the minister said.
“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,” Patil said in a tweet.
