Siddaramaiah requests Foxconn to further invest in Karnataka

Bengaluru, NT Bureau: Karnataka Chief Minister Siddaramaiah on Friday assured Taiwanese electronics major Foxconn of his government's complete support and commitment to ensure it gets all the assistance required, and requested the company to further invest in the state.

The CM held discussions with Young Liu, Chief Executive Officer and Chairman of Hon Hai Technology Group (Foxconn) during the dinner meeting.

Expressing all support for the manufacturing plant that the company is establishing near Doddaballapura, he encouraged Foxconn to consider investing in other sectors, including the fab industry."... we work together to deepen and strengthen the collaborative relationship between Foxconn and our state.

This partnership is of immense importance, and I am honoured to be part of an initiative that holds such significant potential for mutual growth and success," Siddaramaiah said.

During his address, he said, Karnataka has established itself as a powerhouse in the Electronics System Design and Manufacturing (ESDM) sector.

"With several leading ESDM players in the state, we are proud to be among the top contributors to electronics manufacturing output and exports." He noted that to support competitive electronics manufacturing, Karnataka offers a range of advantages.