Foxconn Announces Investment In Telangana, Will Create 1 Lakh Jobs

Foxconn signs a deal with the Telangana Government and announced a major investment. As per sources, on March 3, the CEO of Foxconn signed an MoU with Information Technology Minister KT Rama Rao. The company will establish a factory unit in Telangana, which will help the growth of Telangana. Furthermore, the investment and company will also create approximately 1 lakh jobs in the State for youths.