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AP woos Foxconn

Offers all facilities to start manufacturing city

by Blitz India Media
August 22, 2024
in Business & Economy
0
Foxconn
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ANDHRA Pradesh’s Education, Information Technology and Electronics Minister, Nara Lokesh, on August 19 invited Foxconn to develop a “manufacturing city”, promising to provide all facilities to the company.

The Minister, who met the Foxconn representatives in Undavalli, said the government would provide all facilities so that Foxconn can develop a ‘manufacturing city’ to create more jobs.

20 lakh jobs target

“Since you are planning to expand your activities across India, I want you to establish, not a mere one more unit, but a mega manufacturing city in the State. We will extend all cooperation for this,” Lokesh told the delegation and said that the target of the state government is to provide 20 lakh jobs to the youth.

He expressed confidence that Foxconn will play a major role in this. He explained to them in detail about the available resources in the state for setting up their units and also the steps taken during the period from 2014 to 2019, when his TDP was in power, to attract investments to the state besides listing the IT companies that have set up their units in the state.

Foxconn plan

According to an official statement, the Foxconn Indian representative said that the company is ready to set up electric vehicle manufacturing, semiconductors, digital health, and manufacturing components units in Andhra Pradesh.

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