spot_img

Foxconn to start manufacturing iPhones in Karnataka by April 2024

Date:

Share:

[ad_1]

Taiwanese electronics contract manufacturer Foxconn plans to start manufacturing iPhone units by April 2024 at its proposed Devanahalli plant in Bengaluru.

The Karnataka government would hand over the required land to the company by July 1, said MB Patil, the State’s Minister for Large and Medium Industries.

The company has already paid 30 per cent of the cost of the land (₹90 crore) to the Karnataka Industrial Areas Development Board (KIADB).

It aims to complete the project in three phases and has set a target of manufacturing 20 million units annually, said the government.

“The identified 300 acres of land at ITIR of Devanahalli would be handed over by July 1. Along with this, the government would ensure providing 5 mld of water, quality power supply, road connectivity and other infrastructure facilities. The company has been asked to provide the details of the skill sets it seeks in employees. Accordingly, steps will be taken to facilitate training programmes for eligible candidates to make them employable,” Patil said.

Foxconn representatives George Chu  Paul Liu, Tonn Liu, Simon Song and Bharath Dandi met with Patil and the new IT/BT Minister Priyanka Kharge, on Thursday in Bengaluru. It is said that the ₹13,600-crore project is expected to create 50,000 job opportunities.



[ad_2]

Source link

━ more like this

New PA6 and UHMWPE Compound Optimizes Bridge Bearing Properties

Better than PTFE and UHMWPE: New PA6 and UHMWPE Compound Optimizes Bridge Bearing Properties   MKSM, a new bridge bearing sliding material, combines and surpasses the...

The Number Of Bitcoin Millionaires Has Soared 111% In The Last Year As The Cryptocurrency Rallies

The Number Of Bitcoin Millionaires Has Soared 111% In The Last Year As The Cryptocurrency Rallies The number of Bitcoin millionaires around the world soared...

3DPRINTUK CELEBRATES THE LAUNCH OF THE FIRST COMMERCIALLY AVAILABLE SAF MACHINE IN THE UK WITH FREE 3D PRINTS FOR ALL

3DPRINTUK CELEBRATES THE LAUNCH OF THE FIRST COMMERCIALLY AVAILABLE SAF MACHINE IN THE UK WITH FREE 3D PRINTS FOR ALL 3D PRINTUK is proud to...

Ethereal Machines Raises US$13 Million to Boost Advanced Manufacturing in India

Ethereal Machines Raises US$13 Million to Boost Advanced Manufacturing in India he funds raised will be utilized for R&D, building India’s first multi-axis CNC...

Ekoenergetyka Gets $182 Million Loan To Finance Dynamic Growth On Europe’s EV Charger Market

Ekoenergetyka Gets $182 Million Loan To Finance Dynamic Growth On Europe’s EV Charger Market Ekoenergetyka S.A., a leading European manufacturer of electric vehicle chargers, has...