Foxconn to make AirPods in Telangana; building of unit to begin in mid-2023, end by 2024

HYDERABAD: Foxconn, iPhone and its accessories maker, will be setting up its manufacturing facility at Kongarakalan at an initial investment of USD 200 million (roughly Rs.16,000 crore).

The construction of the manufacturing unit will commence in the middle of 2023 and will be completed by the end of 2024.

Quoting sources from the Foxconn, news agency Reuters reported that the unit would manufacture AirPods in Telangana. However, the sources did not divulge many details as the information was not officially public, yet, the report from Taipei had said.

Foxconn would be making AirPods for the first time, as part of its efforts to diversify from manufacturing in China. In fact, Foxconn manufactures and assembles more than 70 percent of iPhones across the globe.

It may be recalled that Foxconn chairman Young Liu met Telangana Chief Minister K Chandrashekar Rao on March 2 and promised to set up a manufacturing unit in the State.

The announcement was made after Chairman of FoxConn Young Liu met Telangana Chief Minister K Chandrshekhar Rao at Pragathi Bhavan on March 2. IT & MA&UD Minister K T Rama Rao, who is ecstatic about this development, took to Twitter to announce, "Super stoked to announce a mega investment by @HonHai_Foxconn in Telangana that will create employment for a whopping One Lakh youngsters in Telangana".

The historic deal has a potential to generate employment to over one lakh people over a period of 10 years.

he Chief Minister had said: “The Government is on a mission to transform Telangana for the better and has undertaken several marquee projects to realise the vision of Bangaru Telangana. Foxconn’s unit will help in generating large-scale employment to youth and will help in attracting more such industries to the State."

The Foxconn Chairman said that his organization had studied extensively about the state of Telangana. He lauded the friendly industrial development ecosystem created in Telangana State. Young Liu expressed happiness over the progress achieved by the Telangana state in the industrial sector, especially in IT and related electronics sectors, in a just eight years. The Chairman said that he was optimistic about the investments of his company in Telangana state.

Foxconn to make AirPods in Telangana; building of unit to begin on mid-2023, end by 2024