Karnataka CM seeks further investment from Foxconn

Quick Summary:

The project, with an investment size of Rs 22,000 crore, is expected to generate employment for over 50,000 people, the government said.

The C&I (Commerce & Industries) Department, in collaboration with other relevant departments, is actively working on securing all necessary license approvals for the project.

"The unit in Karnataka will soon become the second-largest Foxconn plant after China's unit.

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Article Details

Author / Journalist: Press Trust of India

Category: StartupsEconomyBusiness

Markets: IndiaChinaTaiwan

Topics: Policy Manufacturing Company Foxconn Chief Electronics Privacy Karnataka Minister Project Government

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-17 @ 07:50:31 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 426 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 22113911

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 8 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 11 hours ago

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