CHENNAI: A delegation comprising most sensible officers of Foxconn Industrial Internet (FII), a subsidiary of Taiwan-based electronics massive Foxconn, met the Tamil Nadu leader minister MK Stalin on Wednesday and expressed passion to make bigger investments within the state.
TN leader minister MK Stalin held discussions with Foxconn CEO Brand Cheng in regards to the long term investments of the corporate in Tamil Nadu, the state executive stated, liberating a picture of the assembly. State industries minister TRB Rajaa, leader secretary Shiv Das Meena, further leader secretary for industries S Krishnan had been additionally part of the assembly.
Sources TOI spoke to stated the talks had been “very optimistic. The delegation is said to have discussed opportunities to expand the company’s investments in the state, and the state authorities promised the best possible support and environment. Noting that talks went beyond being just an exploratory meeting, another official said that the state’s position as the top exporter of electronics manufacturers in the country works to its strengths. “The attainable funding will upload weight to the elements production attainable of the state,” the official added. investment could not be ascertained. FII designs and manufactures communication network equipment, cloud service equipment, precision tools, and industrial robots, among others.
FII’s meeting with Tamil Nadu authorities follows the company’s officials meeting the Karnataka CM Siddaramaiah on Monday. Karnataka IT minister Priyank Kharge then tweeted that the Karnataka government is exploring potential collaboration with Foxconn Industrial Internet. “The partnership holds super promise for enhancing commercial enlargement, growing large employment alternatives & propelling Karnataka as a pacesetter within the vertical,” he stated within the tweet.
In the telecommunication and networking apparatus phase, TN already hosts Nokia Networks in Sriperumbudur that manufactures optical line terminals (OLTs) in Chennai and just lately introduced growth of capability. Cisco additionally just lately introduced plans to arrange a networking apparatus production facility within the state.
TN leader minister MK Stalin held discussions with Foxconn CEO Brand Cheng in regards to the long term investments of the corporate in Tamil Nadu, the state executive stated, liberating a picture of the assembly. State industries minister TRB Rajaa, leader secretary Shiv Das Meena, further leader secretary for industries S Krishnan had been additionally part of the assembly.
Sources TOI spoke to stated the talks had been “very optimistic. The delegation is said to have discussed opportunities to expand the company’s investments in the state, and the state authorities promised the best possible support and environment. Noting that talks went beyond being just an exploratory meeting, another official said that the state’s position as the top exporter of electronics manufacturers in the country works to its strengths. “The attainable funding will upload weight to the elements production attainable of the state,” the official added. investment could not be ascertained. FII designs and manufactures communication network equipment, cloud service equipment, precision tools, and industrial robots, among others.
FII’s meeting with Tamil Nadu authorities follows the company’s officials meeting the Karnataka CM Siddaramaiah on Monday. Karnataka IT minister Priyank Kharge then tweeted that the Karnataka government is exploring potential collaboration with Foxconn Industrial Internet. “The partnership holds super promise for enhancing commercial enlargement, growing large employment alternatives & propelling Karnataka as a pacesetter within the vertical,” he stated within the tweet.
In the telecommunication and networking apparatus phase, TN already hosts Nokia Networks in Sriperumbudur that manufactures optical line terminals (OLTs) in Chennai and just lately introduced growth of capability. Cisco additionally just lately introduced plans to arrange a networking apparatus production facility within the state.