Foxconn breaks ground on $500 million factory in India
ECONOMY & POLICY

Foxconn breaks ground on $500 million factory in India

Taiwanese electronics giant Foxconn has broken ground on a new $500 million factory in the Indian state of Telangana. The factory, which is expected to create 25,000 jobs, is part of Foxconn's efforts to diversify its manufacturing operations beyond China.

Foxconn is one of Apple's largest suppliers and produces a significant portion of the company's iPhones. The new factory in Telangana will be used to manufacture AirPods, which are Apple's wireless earbuds.

The groundbreaking ceremony for the new factory was attended by Foxconn chairman Young Liu and Telangana IT minister K.T. Rama Rao. Rao said that the factory would be a "major boost" to the state's economy.

Foxconn's decision to invest in India comes at a time when the country is seeking to attract more foreign investment. India has a large and growing population, which makes it an attractive market for businesses. The country also has a young workforce that is eager to learn new skills.

The opening of the new Foxconn factory is a sign that India is becoming a more attractive destination for foreign investment. The factory is expected to create thousands of jobs and boost the Indian economy.

Taiwanese electronics giant Foxconn has broken ground on a new $500 million factory in the Indian state of Telangana. The factory, which is expected to create 25,000 jobs, is part of Foxconn's efforts to diversify its manufacturing operations beyond China. Foxconn is one of Apple's largest suppliers and produces a significant portion of the company's iPhones. The new factory in Telangana will be used to manufacture AirPods, which are Apple's wireless earbuds. The groundbreaking ceremony for the new factory was attended by Foxconn chairman Young Liu and Telangana IT minister K.T. Rama Rao. Rao said that the factory would be a major boost to the state's economy. Foxconn's decision to invest in India comes at a time when the country is seeking to attract more foreign investment. India has a large and growing population, which makes it an attractive market for businesses. The country also has a young workforce that is eager to learn new skills. The opening of the new Foxconn factory is a sign that India is becoming a more attractive destination for foreign investment. The factory is expected to create thousands of jobs and boost the Indian economy.

Next Story
Real Estate

Alpine Luxury Homes Surge 23% Despite Global Slowdown

The latest Knight Frank Alpine Property Report 2026 reveals that Europe’s Alpine property market continues to outperform global luxury trends, with prime home prices rising 23 per cent on average over the past five years. The surge is being driven by year-round demand, flexible working lifestyles, and a growing appetite for permanent mountain living.The Knight Frank Alpine Property Index recorded 3.3 per cent annual growth, led by Andermatt (+14.6 per cent), Davos (+10 per cent), and Cortina d’Ampezzo (+10 per cent), underscoring the region’s resilience and enduring international appeal...

Next Story
Infrastructure Urban

Hindustan Zinc Partners with BecomingX for the World’s Deepest Marathon

Hindustan Zinc the world’s largest integrated zinc producer and one of the top five global silver producers, has announced its partnership with BecomingX for the World’s Deepest Marathon, an unprecedented endurance event set 1,120 metres below the Earth’s surface at Boliden’s Garpenberg zinc mine in Sweden.Taking place on October 25, the marathon will feature 60 runners from 18 countries — including CEOs, mining leaders, charity workers, and first-time marathoners — all uniting to raise $1 million for charity. Hindustan Zinc’s CEO, Arun Misra, and COO, Kishore S will represent th..

Next Story
Infrastructure Urban

Bridgestone India Honours Changemakers at Mobility Impact Awards 2025

Bridgestone India announced the winners of the 5th edition of its Mobility Social Impact Awards (MSIA) 2025, celebrating organisations that have leveraged mobility as a catalyst for social transformation. The award ceremony, held in Pune, brought together industry leaders, policymakers, and social innovators dedicated to advancing inclusive and sustainable mobility solutions.The awards were presented across two categories — Empowerment of Vulnerable Communities and Road Safety Innovation and Excellence — and felicitated by Dr. Girish Kulkarni, noted social worker and Founder of Snehalaya...

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?