India’s southern Karnataka state is in serious talks with major Apple assembler Foxconn over investment plans, Chief Minister Basavaraj Bommai said on Wednesday, potentially setting it up as the Indian third state to host Foxconn operations.
“We are in serious discussion of investment plans with Hon Hai Technology Group (Foxconn) at their Taiwan HQ & look forward to a fruitful collaboration,” Bommai said in a tweet. “We remain committed to welcome the best companies to the state & reap rewards for our people.”
We are in serious discussion of investment plans with Hon Hai Technology Group (Foxconn) @HonHai_Foxconn at their Taiwan HQ & look forward to a fruitful collaboration. We remain committed to welcome the best companies to the state & reap rewards for our people.#InvestinKarnataka https://t.co/SEjATfkvKD
— Basavaraj S Bommai (Modi Ka Parivar) (@BSBommai) February 8, 2023
The state’s investment promotion arm also tweeted that representatives held a meeting at the company’s Taiwan headquarters to discuss the investment, without providing further details.
The Govt. of #Karnataka is happy to discuss #investment plans with Hon Hai Technology Group (Foxconn) @HonHai_Foxconn at their Taiwan Headquarters and looks forward to a fruitful collaboration in the state. #InvestinKarnataka pic.twitter.com/HAbizKzCxz
— Invest Karnataka (@investkarnataka) February 8, 2023
MacDailyNews Note: Foxconn already has operations in the Indian states of Andhra Pradesh and Tamil Nadu, where it assembles products for Apple and other companies.
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