Foxconn Announces Investment In Hyderabad, Will Create 1 Lakh Employment

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The Telugu State of Telangana, attracted another major investment for the Capital City of Hyderabad.

With the vision of expansion and development of the Bharat Rashtra Samithi (BRS) Minister Mr. K.T. Rama Rao, Telangana took a step to make Hyderabad a global city.  On the 2nd of March, Thursday, the Government of Telangana signed an investment deal with Foxconn Company.

Foxconn Chairman Young Liu met Mr. K. Chandrashekar Rao, the Chief Minister of Telangana, at Pragathi Bhavan and made this big announcement.

According to the company, the investments would create employment to one lakh youth in the State.

State IT and Industries Minister KTR tweeted expressing his joy over Foxconn’s investments in Telangana. He said that it is s a great thing to provide employment to lakhs of people. “Super stoked to announce a mega investment Foxconn in Telangana that will create employment for a whopping One Lakh youngsters in Telangana. 

The announcement is made after Chairman of FoxConn Mr Young Liu met Hon’ble CM Sri KCR Garu at Pragathi Bhavan today,” KTR tweeted. Also Read – Kodandaram announces ‘Telangana Bachao’ meet on March 10 ADVERTISEMENT Super stoked to announce a mega investment by @HonHai_Foxconn in Telangana that will create employment for a whopping One Lakh youngsters in Telangana 😊 The announcement is made after Chairman of FoxConn Mr Young Liu met Hon’ble CM Sri KCR Garu at Pragathi Bhavan today pic.twitter.com/zzFAnBxcvz— KTR (@KTRBRS) March 2, 2023

 Ministers KTR, Harish Rao, Sabita Indra Reddy, MLA Mancgnhireddy Kishan Reddy, Chief Secretary to Government Shanti Kumari, Principal Secretary of IT Department Jayesh Ranjan and many officials participated in this program.

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