KTR praises Foxconn facility, says MoU inked during BRS regime yielding thousands of jobs
K.T. Rama Rao praised the operational Foxconn factory near Hyderabad, highlighting its role in creating thousands of jobs. The facility, which manufactures AirPods, was established following a Memorandum of Understanding signed during the BRS regime. The investment in the project has increased significantly since its inception, with further expansions planned for the future.
- ▪The Foxconn factory in Kongara Kalan is operational and employs thousands of people.
- ▪Initial investment of $500 million has been raised to $550 million for the project.
- ▪Over ₹3,000 crore has been invested in the facility, which includes a 1.6 million sq ft manufacturing space.
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Taiwanese giant and Apple supplier Foxconn’s factory near Hyderabad was in the spotlight after BRS leader K.T.Rama Rao’s social media post on how the facility, for which MoU was signed when the party was in power, is operational and employing thousands of people.“My heart is filled with pride and joy to see this Foxconn investment take shape,” the former IT and Industries Minister said, posting visuals of the plant, for manufacturing AirPods, in Kongara Kalan, near here. Three years after the MoU was signed in the presence of then Chief Minister K.
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