Tamil Nadu’s industries minister, TRB Rajaa, announced today that Foxconn, a Taiwanese contract manufacturing giant, would invest INR 15,000 crore in the state, generating 14,000 high-value jobs. The minister claims that this is the state’s biggest-ever commitment to engineering jobs and that it will greatly strengthen Tamil Nadu’s advanced manufacturing and electronics industries.
In a post on the social media site X, Rajaa claimed that Tamil Nadu has the biggest engineering positions ever. Dedication to Tamil Nadu! Foxconn pledges 14,000 high-value jobs and INR 15,000 crore in investments! Prepare, engineers! According to Rajaa, Foxconn intends to introduce its next stage of sophisticated technology operations powered by AI, R&D integration, and value-added manufacturing to Tamil Nadu.
Foxconn Affirms its Commitment in TN
According to Raja, Robert Wu, Foxconn’s India representative, met with MK Stalin, the chief minister of Tamil Nadu, to reiterate the company’s faith in the state by presenting significant investment intentions. “As @CMOTamilNadu Thiru and @MKStalin Avargal met with Foxconn’s India Representative Robert Wu to reaffirm their deep trust in Tamil Nadu with substantial investment commitments,” he wrote in his post, adding that this was yet another significant boost for the state’s electronics and advanced manufacturing sector.
The first-ever Foxconn Desk in India will be established by Guidance, the investment promotion agency of Tamil Nadu, to facilitate these initiatives. The minister referred to this desk as a step towards what he called the “Dravidian Model 2.0”, saying it will guarantee the seamless facilitation of projects and mission-mode implementation.
Robert Wu Met Karnataka CM
Following Robert Wu’s meeting with Karnataka Chief Minister Siddaramaiah in Bengaluru on 12 October, the announcement was made. They talked about strategies to increase Foxconn’s footprint in Karnataka and looked into new manufacturing and technological cooperation options during the discussion. Currently operating in Telangana, Karnataka, and Tamil Nadu, Foxconn’s new plans mark a significant expansion of its presence in India.
In order to guarantee “seamless facilitation and mission-mode execution” of the company’s investments, the Foxconn Desk will be established within Guidance Tamil Nadu. According to Dr Rajaa, the news supports Tamil Nadu’s plan to increase the development of high-value jobs and highlights the state’s rising significance as a major electronics manufacturing hub in India.
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