Foxconn is expected to start construction of a mobile phone manufacturing unit near Bengaluru international airport next month. State high level clearance committee headed by Karnataka chief minister Basavaraj Bommai had cleared Foxconn’s proposal for the Rs 8,000-crore greenfield plant.
The plant, to be set up on a 300-acre plot, will be Foxconn’s largest mobile manufacturing unit in the country. In addition to the manufacturing, the plant is also reportedly expected to create about 50,000 jobs over five years.
Foxconn, known for being associated with Apple, has been planning to set up an electronics manufacturing facility on the outskirts of Bengaluru for quite some time. According to experts, apart from helping Foxconn itself and the country, the plant would also help Karnataka in attracting other investments.
In addition from Bengaluru, Foxconn is also reportedly setting up another plant in Telangana. As per last media reports, Foxconn won an order to make AirPods in India and the construction of the facility in Telangana may start in the second half of 2023. However, official updates are awaited.