Foxconn to start construction of its Bengaluru plant in May
By MYBRANDBOOK
Foxconn is expected to start construction of a mobile phone manufacturing unit near Bengaluru international airport next month. State high level clearance committee headed by Karnataka chief minister Basavaraj Bommai had cleared Foxconn’s proposal for the Rs 8,000-crore greenfield plant.
The plant, to be set up on a 300-acre plot, will be Foxconn’s largest mobile manufacturing unit in the country. In addition to the manufacturing, the plant is also reportedly expected to create about 50,000 jobs over five years.
Foxconn, known for being associated with Apple, has been planning to set up an electronics manufacturing facility on the outskirts of Bengaluru for quite some time. According to experts, apart from helping Foxconn itself and the country, the plant would also help Karnataka in attracting other investments.
In addition from Bengaluru, Foxconn is also reportedly setting up another plant in Telangana. As per last media reports, Foxconn won an order to make AirPods in India and the construction of the facility in Telangana may start in the second half of 2023. However, official updates are awaited.
BREAKING NEWS
TECHNO TRENDS
India and Namibia collaborate on a payment system similar to U
Once operational, the platform will enable digital transactions in Namibia,...
Sebi issues show-cause notices to six Adani group firms
Sebi issued show-cause notices to six Adani Group firms, including Adani ...
Microsoft to build a new data centre to support Thailand's tec
Microsoft has revealed intentions to construct a regional data centre as w...
SAP launches cloud services to help Indian scaleups innovate m
SAP at SAP unveils now "GROW with SAP for Scaleups," a new cloud service d...
E-Magazine
TECHNOTAINMENT
Airtel Xstream Play strengthens regional content library, part
Bharti Airtel (“Airtel”), one of India’s leading telecommunications
ED attaches Raj Kundra, Shilpa Shetty’s Rs 97 crore worth as
The Enforcement Directorate (ED) has seized businessman Raj Kundra's pro
MOVERS & SHAKERS
UiPath ropes in Raghu Malpani as Chief Technology Officer
UiPath has announced Raghu Malpani as Chief Technology Officer. Malpani w
DigiCert names Atri Chatterjee as CMO
DigiCert has announced the appointment of Atri Chatterjee as Chief Market
OPEN YOUR EYES
INTERVIEWS
Committed to follow future roadmap with 'Make-in-India' 2.0 Vi
As technology advances, AI is used in increasingly disparate ways to help a
ETEK building a cybersecurity aware community
ETEK is a Global Managed Security Services expert with 30 years of experien
HOT PICK
COLORFUL rolls out an array of gaming laptops
COLORFUL launched its incredible series of COLORFUL EVOL P15 gaming laptop
Dell Technologies launches new AI-powered commercial PC portfo
Dell Technologies has launched the broadest portfolio of commercial AI lap
MAKE IN INDIA BRANDS
QUICK HEAL TECHNOLOGIES PVT. Ltd.
TAC SECURITY SOLUTIONS
FRESHWORKS TECHNOLOGIES PVT. LTD.
MICROTEK INTERNATIONAL PVT. LTD.
EMINENT CIO'S OF INDIA
ICONS OF INDIA
Technology Icons Of India 2023: Amit Chadha
. An influential leader in the engineering services industry for over ...
Technology Icons Of India 2023: Harsh Jain
Harsh Jain is an Indian Entrepreneur, the co-founder and CEO of the In...
Technology Icons Of India 2023: Mukesh D. Ambani
An Indian billionaire businessman Mukesh Dhirubhai Ambani is currently...
PARTNER SPEAKERS
PSU
STPI encouraging software exports from India
Software Technology Parks of India (STPI) is an S&T organization under...
CSCs enabling rural India digitally empowered
Common service centres (CSCs) are digital access points under the Digi...
HPCL is transforming the energy landscape, across the nation and beyond
HPCL is world-class energy company known for caring and delighting the...
VIDEOS
Top 25 Brands
Value-Added Distribution
REDINGTON INDIA LIMITED
Redington (India) Limited operates in the IT product distribution busi...
NETPOLEON SOLUTIONS
Netpoleon Group is a Value-Added Distributor (VAD) of Network Security...
SONATA INFORMATION TECHNOLOGY LIMITED
Sonata Software Limited is a leading Modernization engineering company...
ITFORUM 2024
WIITF 2024
CMO of the Year
WOMEN LEADERSHIP
EMINENT CIO's OF INDIA
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
