Foxconn, the Apple supplier, will make undisclosed investment in Telangana to establish a electronics manufacturing facility, the state’s chief minister said on Thursday.
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According to the state’s IT minister, KT Rama Rao, this investment will create almost 100,000 new job opportunities in Telangana.
After a meeting between the chief minister of Telangana and the chairman of Foxconn earlier in the day, a statement was made.
Foxconn currently operates in Andhra Pradesh and Tamil Nadu and manufactures products for businesses like Apple Inc. and Amazon.com Inc.