Foxconn vows Rs 4,000 cr in Telangana mfg plant, 1 lakh jobs likely

In less than three months after Hon Hai Technology Group, popular as Foxconn, signed a memorandum of understanding with theTelanganagovernment, the multinational electronics contract manufacturer performed a ground-breaking ceremony for its manufacturing unit atKongara Kalanin Rangareddy district.

Industries and IT ministerKT Rama Raolaid the foundation along with Foxconn Interconnect Technology chairman & CEO Sidney Lu.
The proposed facility, spread over 200 acres and with an of Rs 4,000 crore in the first phase, would serve as a hub for Foxconn’s operations in

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