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Foxconn Group Investment in Telangana: Apple company is now going to expand its business in India. Apple’s supplier Foxconn will invest $500 million in Telangana. Foxconn will set up a plant at Konkar Kalan in Rangareddy district near Hyderabad. Telangana’s Urban Development Minister KT Rama Rao gave this information by tweeting. He said that 25,000 job opportunities will be created in the first phase of this project.
Apple company wanting to move out of China
In the joint statement of Telangana government and Foxconn, the company has promised to deliver world class products through the new plant. In the statement, the company thanked the state for providing an environment for business. Due to the Kovid epidemic and the strict lockdown in Beijing, the Foxconn company in China had an impact on Apple’s new devices and other types of production. Apart from this, due to the tension between America and China, the company is also trying to take out its production from China.
Apple company bought land in Bangalore
Last month, Apple was to open two stores in Delhi and Mumbai, in whose program CEO Tim Cook came to India. During this, he had met many prominent personalities including PM Modi. Apple is directly entering the Indian market by opening its official stores in India. Let us tell you that this month Foxconn Group had bought land in Bengaluru. The company had bought land worth Rs 303 crore. Let us tell you that this month Foxconn Group had bought land in Bengaluru. The company had bought land worth Rs 303 crore. Apple has told in its data that there has been an increase in the number of iPhone users in India. The growth of the company has been good here.
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