The groundbreaking ceremony for Foxconn Interconnect Technology’s new electronics manufacturing facility was conducted at Kongara Kalan on Monday
It took place in the presence of Rama Rao and Foxconn Chairman & CEO Sidney Lu at Kongara Kalan, about 35 km from Hyderabad
The facility is a promise to continue delivering world-class products to the markets, and a milestone for Foxconn’s global expansion strategy –
The facility would serve as a hub for Foxconn Interconnect Technology’s operations in Telangana, allowing Foxconn Interconnect Technology to expand its production capacity
The proposed investment from Foxconn further validates Govt. of Telangana’s efforts towards building a conducive ecosystem and enabling infrastructure for supporting the global electronics manufacturing industry
Over the last 9 years, T'gana has emerged as one of the most dynamic and forward-looking States and has cemented its position as the most preferred investment destination for high-tech manufacturing in India.
The Government of Telangana and Foxconn are confident that this investment will not only benefit Foxconn ’s business, but also contribute to the overall economic prosperity of the region
The partnership and collaboration between the Government & Foxconn in making this project a reality will further embolden Telangana’s growth story as well as Foxconn Interconnect Technology’s growth in India