City
Epaper

Siddaramaiah holds talks with Foxconn CEO

By IANS | Updated: July 17, 2023 17:41 IST

Bengaluru, July 17 Chief Minister Siddaramaiah on Monday chaired a high-level meeting with the Foxconn Industrial Internet (Fii) ...

Open in App

Bengaluru, July 17 Chief Minister Siddaramaiah on Monday chaired a high-level meeting with the Foxconn Industrial Internet (Fii) a subsidiary of i-phone maker Foxconn CEO Brand Cheng led delegation, regarding the proposal to set up another supplementary plant to that of the unit at Devanahalli ITIR region.

Chief Minister Siddaramaiah said that the State owns an ecosystem to enable the growth of industries and there exists coordination between academia and Industries.

Assuring, that the government would take the initiative to make available human resources with the required skill sets, he offered the leadership team of the company led by its CEO Brand Cheng to set up the unit in the state.

Large and Medium Industries Minister MB Patil said that the government would extend all cooperation for the proposed projects. He said that the government was ready to consider other proposals of the company such as setting up a semiconductor manufacturing unit if it comes forward.

As per the proposal, Foxconn Industrial Internet (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. The delegates of the company will be taken to Tumakuru to examine the available land at Japan Industrial Township in Tumakuru today (Monday) itself.

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.

Michel Ling, Jason Lau, Angie Lein, Bharath Dandi from Fii, ACS to Chief Minister Rajaneesh Goel, Industries Department Principal Secretary Selva Kumar, and Commissioner Gunjan Krishna were present. IT/BT Minister Priyankal Kharge and Chief Secretary to the Government Vandita Sharma were present in the meeting convened at Vidhana Soudha.

The Karnataka government had recently announced that the legal hurdles to hand over 300 acres of land to the Taiwanese chip making giant was cleared and very soon the land would be handed over to the company.

Minister Patil also had announced that the company would start production by next April.

“A total of 300 acres will be given to the company in the ITIR (IT Investment Region) spread over Devanahalli and Doddaballapur taluks. The company would invest around Rs. 8,500 Crore to set up a manufacturing plant. The company can commence construction work immediately after the handing over of the land,” he had said. The government is facilitating the commissioning of the project which would provide 50,000 jobs, he added.

--IANS

mka/dan

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: congresspitrodadelhimodideepikabjpwest-bengaldeepika-padukoneajay-devgnthakur
Open in App

Related Stories

NationalDelhi Crime: 47-Year-Old Man Robbed of Rs 25 Lakh by Two Bike-Borne Men; Police Probe On

NationalAbhinav Arora Attacked: Mob Attacks Child Spiritual Influencer’s Car With Stones And Sharp Weapons In Delhi Road Rage

CricketIPL 2026: Why Varun Chakaravarthy Is Not Playing in Today’s Kolkata Knight Riders vs Lucknow Super Giants? EXPLAINED

CricketIPL 2026, KKR vs LSG: Toss Result, Playing 11s, Impact Players and Pitch Report for Today’s Match

CricketIPL 2026, KKR vs LSG Today Match LIVE Cricket Streaming: When and Where To Watch Kolkata Knight Riders vs Lucknow Super Giants Match

Technology Realted Stories

TechnologySagarmala: 315 projects worth Rs 1.57 lakh crore completed to boost maritime sector

TechnologyGold gains for third consecutive week amid dollar weakness

TechnologyIndia to scale value‑added seafood exports, tap marine potential

TechnologyDelhi govt seeks feedback on draft EV policy 2026 to promote clean mobility

TechnologyIndian markets surge for second consecutive week amid US-Iran ceasefire