Karnataka govt to deposit compensation towards land acquired for Foxconn

Karnataka’s industries department on Friday said it would deposit the compensation towards the land acquired for the Foxconn facility in Bengaluru in a local court.

The company – also known by its official name Hon Hai Precision Industry Co. Ltd— is building a modern facility to assemble 20 million smartphones annually on a 300-acre plot spred acrss Doddagollahalli and Chpparadahalli villages in Devanahalli taluk, near the Kempegowda International Airport, Bengaluru.