Karnataka Government and Foxconn CEO Discuss Big Plans for New Mobile Phone Plant
The Karnataka Government, under the leadership of Chief Minister Siddaramaiah, held a strategic meeting with Foxconn CEO and Chairman Young Liu. The meeting focused on strengthening Foxconn’s existing investments in Karnataka and exploring future opportunities to expand the company’s operations within the state.
Key Participants
The delegation from Karnataka included:
- Deputy Chief Minister D.K. Shivakumar
- Minister for Large and Medium Industries and Infrastructure Development MB Patil
- Minister for Information Technology and Biotechnology Priyank Kharge
- Principal Secretary of the Department of Commerce and Industries Dr. Selvakumar S.
- Commissioner for Industrial Development and Director of the Department of Commerce and Industries Gunjan Krishna
Project Elephant
Foxconn is set to establish a major mobile phone assembly plant in Karnataka, known as Project Elephant. The company has secured 300 acres of land in the ITIR Industrial Area, spanning Doddaballapura and Devanahalli Taluk in Bengaluru Rural District. With an investment of Rs 22,000 crore, this project is expected to create over 40,000 jobs.
Construction for the project is already underway, and the Department of Commerce and Industries, in coordination with other key departments, is working to obtain all necessary approvals. Efforts are also in place to ensure the seamless supply of essential utilities, including power and water, to the site.
Statements from Leaders
Chief Minister Siddaramaiah said, “It is a great privilege to work together in deepening and strengthening the collaborative relationship between Foxconn and Karnataka, a partnership that holds immense potential for mutual growth and success. Karnataka has established itself as a powerhouse in the Electronics System Design and Manufacturing (ESDM) sector, contributing significantly to India’s electronics manufacturing output and exports. Our state offers a competitive advantage with efficient logistics, reliable power supply, a skilled workforce, and a robust vendor base to support dynamic industries like Foxconn’s. This initiative will create substantial employment opportunities, boosting both the local economy and empowering our workforce. We assure Foxconn of our complete support and commitment to ensure all the necessary assistance for the successful execution of Foxconn’s projects.”
Minister MB Patil added, “Karnataka has always been at the forefront of technological innovation, and our partnership with Foxconn strengthens this position. Foxconn’s Project Elephant is an investment for the future of Karnataka. This initiative is of critical importance, and we assure that comprehensive support is being provided by all key departments within the state. Foxconn has the full backing of KIADB, KSPCB, Fire Services, and KPTCL, all working together to ensure the smooth progress of Foxconn’s project. We are dedicated to facilitating seamless coordination between government bodies to swiftly address any requirements. We look forward to working closely with Foxconn to make Project Elephant a resounding success and a model for future initiatives in Karnataka.”
Foxconn CEO Young Liu said, “We are excited about our growing presence in Karnataka, a state that offers a strong ecosystem for innovation, manufacturing, and technological growth. The strategic partnership with the Government of Karnataka is key to advancing our projects, including the mobile phone assembly plant and the EV components facility. We appreciate the state’s proactive approach in supporting infrastructure, approvals, and utilities, which will ensure the successful execution of our plans. We look forward to contributing to Karnataka’s economic development and creating thousands of new job opportunities for its people.”
Doubts Revealed
Karnataka Government -: The Karnataka Government is the group of people who make important decisions for the state of Karnataka in India. They help run the state and take care of its people.
Foxconn -: Foxconn is a big company that makes electronic products like mobile phones and computers. They help other companies build their gadgets.
CEO -: CEO stands for Chief Executive Officer. This is the person who is the boss of a company and makes important decisions.
Chief Minister Siddaramaiah -: Chief Minister Siddaramaiah is the leader of the Karnataka Government. He helps make important decisions for the state.
Young Liu -: Young Liu is the CEO of Foxconn. He is the boss of the company and makes important decisions.
Project Elephant -: Project Elephant is the name of Foxconn’s new plan to build a big factory in Karnataka to make mobile phones. It will create many jobs for people.
Rs 22,000 crore -: Rs 22,000 crore is a very large amount of money. It is the investment Foxconn will make to build the new factory.
Deputy Chief Minister D.K. Shivakumar -: Deputy Chief Minister D.K. Shivakumar is the second-in-command in the Karnataka Government. He helps the Chief Minister run the state.
Minister MB Patil -: Minister MB Patil is another important person in the Karnataka Government. He helps make decisions and supports projects like the new factory.
economy -: The economy is how a place makes and uses money. A strong economy means people have jobs and can buy things they need.
technological leadership -: Technological leadership means being very good at using and making new technology. It helps a place become more advanced and successful.
