Foxconn Eyes Investment in Hyderabad's New 'Fourth City'
Foxconn is exploring investment opportunities in Hyderabad's proposed 'fourth city'. Foxconn Chairman Young Liu met Telangana's Chief Minister A Revanth Reddy and showed interest in multifaceted development projects. A team led by Kathy Yang will visit Hyderabad, followed by Liu himself, to finalize plans.
- Country:
- India
Foxconn has shown interest in investment opportunities in Hyderabad, Telangana's government announced on Friday.
Foxconn Chairman Young Liu met with Telangana Chief Minister A Revanth Reddy to discuss setting up operations in a proposed 'fourth city' on Hyderabad's outskirts. Reddy assured full support, permits, and incentives.
Liu appreciated Hyderabad's potential in various sectors and announced an initial visit by a team led by Foxconn's Chief Campus Operations Officer Kathy Yang and India representative V Lee. He will follow up with a personal visit.
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