Taiwanese firm Foxconn shows interest in setting up a facility in Karnataka

Foxconn, a Taiwanese multinational electronics contract manufacturing company, has evinced interest in setting up a facility in Karnataka.

“We have shown the company a few land parcels in and around Bengaluru,” said Gaurav Gupta, Karnataka Principal Secretary, Department of IT, BT and S&T, in an interaction with BusinessLine.

“But the State government is keen on housing it in Chikkaballapur, where land parcels were also shown to the company, for the district has been identified for setting up mobile phone components cluster,” he added.

Since the company is also exploring other States, Gupta was tight-lipped on the negotiations and other benefits the Karnataka government is planning to offer the company.