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Telangana, Andhra Pradesh, Karnataka vie to host Foxconn's new facilities

Business Standard LogoBusiness Standard4d ago

Telangana, Andhra Pradesh, Karnataka vie to host Foxconn's new facilities - Business Standard

Quick Summary:

The company already operates significant facilities in Tamil Nadu and Andhra Pradesh and is building a new plant in Karnataka, primarily for iPhone production.

Telangana's IT and Industries Minister, Duddilla Sridhar Babu, mentioned that the state government is encouraging Foxconn to consider options in Tier-II and Tier-III cities, in addition to areas near Hyderabad.

The company is set to start manufacturing Apple's latest iPhone 16 series, including the Pro and Pro Max models, in India.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-28 @ 14:39:18 (4 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 404 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 26 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 22289999

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 152 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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