Hyderabad, December 26: In a pivotal meeting held at the Dr. B.R. Ambedkar Telangana Secretariat, Chief Minister A. Revanth Reddy reiterated the state government’s resolute commitment to fostering industrial development. The occasion saw a significant encounter between Chief Minister Revanth Reddy and a high-profile delegation from Foxconn, spearheaded by Wee Lee, the representative of Foxconn’s Han Hi Precision Industries.
Accompanying Chief Minister Revanth Reddy in this crucial discussion were State IT and Industries Minister Duddilla Sridhar Babu, as well as other distinguished senior officers, including C.S. Shanti Kumari.
Addressing the meeting, Chief Minister Revanth Reddy emphasized the newly formed government’s responsibility in safeguarding the aspirations of the people. He underscored the administration’s inclusive and amicable approach towards all communities, emphasizing that this spirit extends to the industrial sector. Assuring the delegation of the government’s full support and cooperation, he pledged to streamline processes, providing essential permits for the establishment and development of industries.
Furthermore, Revanth Reddy announced a commitment to robust infrastructure development, ensuring that industries receive the necessary support to thrive. He articulated a comprehensive strategy aimed at positioning the state as a frontrunner in industrial prowess on a national scale.
This strategic engagement not only reflects the government’s proactive stance towards industrial growth but also signifies a collaborative effort between the public and private sectors to drive economic development in the state. The positive dialogue between the Chief Minister and the Foxconn delegation sets a promising tone for future collaborations, underlining the state’s commitment to becoming a beacon of industrial excellence in the country.
“Telangana’s CM Boosts Electronics Industry with Foxconn Partnership”
Chief Minister A. Revanth Reddy announced a strategic push for Telangana’s electronics industry in a recent speech. Emphasizing support for the Kongara Kalan manufacturing center, the Chief Minister pledged to accelerate development and facilitate future projects by Foxconn. The Foxconn Group, renowned for manufacturing Apple iPhones, solidified its commitment to the region with a December 2023 agreement with the Telangana Government. Operating globally in 24 countries, including India, Foxconn has existing facilities in Sricity, Sriperumbudur, Kongarakalan, and Karnataka. The company’s Memorandum of Understanding with Telangana outlines plans to generate 100,000 jobs, with an initial phase targeting 25,000 jobs over the next two years. Foxconn’s diverse clientele comprises tech giants like Google, Xiaomi, Amazon, HUAWEI, Alibaba Group, CISCO, Dell, Facebook, Nintendo, Sony, Microsoft, SEGA, and Nokia. This collaboration signals a significant stride in bolstering electronic manufacturing and employment opportunities in Telangana.
