Foxconn’s Karnataka facility projected to add 5 lakh jobs over 5 years, says chief secretary

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Taiwanese contract manufacturer Foxconn was projected to add 500,000 jobs over five years, Karnataka chief secretary Shalini Rajneesh said on Wednesday.

Foxconn, well-known as an iPhone assembler, is investing about Rs 22,000 crore in a modern facility to assemble 20 million smartphones annually on a 300-acre plot in Devanahalli taluk, near Bengaluru International Airport.

The Taiwanese electronics giant was not looking for degree or diploma holders, but people with skills, the senior IAS officer said. “They don’t want degrees but instead require



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Foxconn’s Karnataka facility projected to add 5 lakh jobs over 5 years, says chief secretary



Taiwanese contract manufacturer Foxconn was projected to add 500,000 jobs over five years, Karnataka chief secretary Shalini Rajneesh said on Wednesday.

Foxconn, well-known as an iPhone assembler, is investing about Rs 22,000 crore in a modern facility to assemble 20 million smartphones annually on a 300-acre plot in Devanahalli taluk, near Bengaluru International Airport.

The Taiwanese electronics giant was not looking for degree or diploma holders, but people with skills, the senior IAS officer said. “They don’t want degrees but instead require



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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