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The Hindu
The Hindu
National
M Rajeev

Telangana CM Revanth holds meeting with Foxconn representatives

Telangana Chief Minister A. Revanth Reddy has asserted that the State Government is firm on taking steps for paving the way for accelerated industrial development.

He said it was the responsibility of the State Government to protect and fulfil the aspirations of the people and it was accordingly decided to put in place friendly governance systems. The Government was committed to extend all the possible help and cooperation to the industry in line with its friendly policies.

The Chief Minister made this comments while interacting with the representatives of Foxconn, supplier of electronics manufacturing major and iPhone maker Apple, at the Dr. B.R. Ambedkar Telangana State Secretariat on Tuesday.

IT, Industries & Commerce Minister D. Sridhar Babu, Chief Secretary A. Santhi Kumari and senior officials were present in the meeting which was attended by representatives of Hon Hai Precision Industry Co., Ltd. Foxconn had started works on production plant at Kongara Kalan near Hyderabad and the company had announced its resolve to invest $500 million in its Hyderabad facility.

The Chief Minister assured the delegation that the Government would take steps to ensure that the processes relating to obtaining permissions for setting up of industries would be liberalised in addition to providing necessary basic amenities. The Government would take all the measures to make Telangana number one in the country in terms of industrial development.

Telangana government’s offer to Foxconn for proposed projects
State Support:
State shall extend quick facilitation and support for all approvals under State Government
Incentives package:
Best in class incentives package shall be provided to the unit
Land availability: 
Provision of required amount of land parcel close to city
Availability of skilled workforce: 
Industry ready workforce will be trained by TASK, to be ready on day one of plant operations
Infrastructure:
Power and water shall be provided at competitive rates. Basic infrastructure to be provided for the allotted land.
SPOC Support:
Hand-holding by TSIIC and Electronics Wing, ITE&C department through a single point of contact for all requirements, who shall coordinate and liaison with Centre and key departments for facilitating approvals
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