Foxconn keen on Hyderabad, Chairman meets Revanth
The Business Guardian|August 17, 2024
Foxconn Chairman Young Liu has expressed a keen interest in investing in Hyderabad, citing the city’s expanding capacity in both the industrial and service sectors.
Foxconn keen on Hyderabad, Chairman meets Revanth

According to Foxconn, during a meeting with Telangana Chief Minister A Revanth Reddy in New Delhi, Liu praised the CM’s approach, particularly his plans for the development of the Fourth City project.

Liu said, “Hyderabad city has the potential to expand in all sectors, including industrial and service sectors.”

The Foxconn delegation, led by Chairman Young Liu, was briefed by Telangana Chief Minister A Revanth Reddy on Hyderabad’s rich historical legacy, industrial potential, and favourable climatic conditions. The CM highlighted the city’s steady industrial growth over the years, unaffected by political transitions.

He also elaborated on the phased development of three cities in Hyderabad, which began 430 years ago and presented the Fourth City project, designed for multifaceted expansion in fields such as education, healthcare, sports, electronics, electrical industries, and skill development.

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