Minister shifts gears, drives home investment pitch to Foxconn chief

Chennai: It’s industry minister T R B Rajaa’s job to drive investment in the state. On Saturday he took that literally, driving Foxconn chairman Dr Young Liu from Chennai airport to Vallam Vadagal, Sipcot estate near Sriperumbudur, where the govt has built a ₹706 crore housing colony for the company’s employees."It was a spontaneous development," said a source, privy to the development. As soon as the chairman arrived in his private jet and entered the airport lobby, the minister received him with a bouquet. The two then moved to the lounge. They got engrossed in conversation and aides had to remind them that they were getting late for the function, which was at least an hour’s drive away from the airport.The two reluctantly got up to go to their separate cars. "That's when the minister offered to drive the Foxconn chairman to the venue and the latter readily accepted it. The long drive [in the minister’s Range Rover] turned out to be a one-hour pitch about Tamil Nadu, its strengths and capabilities, emerging technologies including AI,” said the source.So can Tamil Nadu expect bigger investment, including a semi-conductor plant? "We cannot disclose anything specific at the moment. But we can safely look forward to some big ticket announcement from Foxconn for TN," the source added.

Foxconn keen to invest in Hyderabad, Chairman Young Liu meets CM Revanth Reddy

Foxconn Chairman Young Liu expressed interest in investing in Hyderabad during a meeting with Telangana CM A Revanth Reddy. Liu praised Hyderabad's potential in the industrial and service sectors and highlighted the Fourth City project. The initiative includes skill development and industrial growth, promising support and incentives for Foxconn's investment.

Rahul Gandhi meets Foxconn chairman, discusses future of tech innovation in India

Rahul Gandhi met with Foxconn chairman Young Liu in New Delhi to discuss the future of technological innovation in India and globally. Liu was honored with the Padma Bhushan award. Foxconn, a major Apple iPhone manufacturer in India, employs over 40,000 people.

Stalin opens industrial housing facility for Foxconn workers in Chennai

Tamil Nadu chief minister M K Stalin inaugurated an industrial housing facility for women employees of Foxconn at SIPCOT Industrial Park, built at a cost of Rs 706 crore. The facility can accommodate 18,720 workers and includes various amenities. Stalin highlighted the state's high number of women factory workers and announced more creches at industrial parks.

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