The famous giant company Foxconn has made an important announcement. To this extent, India has focused more on Karnataka. Foxconn is already making spare parts for American iPhones. Recently Foxconn company chief visited Karnataka. On this occasion, he met with the Congress party government which has recently come to power in the state. As part of this, CM Siddaramaiah met with IT and Home Minister Priyank Kharge.
A sensational announcement was made. It has been revealed that Foxconn is setting up Industrial Internet (FII) in Karnataka. For this, under the investment of Rs. It has been clarified that 8,800 crores will be spent.
Foxconn has been a subsidiary of the iPhone maker for some time now. It has been decided to set up a supplementary plant at Tumkur in Karnataka. Due to this, 14,000 people will get jobs and employment opportunities, the Fox company revealed. While this project will work with the Devanahalli assembly unit to manufacture screens, outer coverings, and mechanical parts for iPhones.