Industries and IT Minister K.T.Rama Rao met Foxconn Chairman Young Liu in New Delhi on Thursday and showcased the State, especially the policy initiatives for investors.
Taiwan-based Hon Hai Technology Group, which is behind Foxconn, is one of the leading electronics manufacturing services (EMS) providers globally and largest suppliers for many top tier international customers. Foxconn has manufacturing units in Tamil Nadu and Andhra Pradesh.
A release from the Minister’s office said Mr.Rao and Mr.Liu discussed Foxconn’s plans of expanding footprint in India. The Minister took the opportunity to pitch Telangana to the officials from Foxconn and briefed them about the initiatives taken by the State Government towards creating an enabling environment and infrastructure for fostering electronics manufacturing in Telangana.