After Calling MoU Indefinitive, Foxconn Says Committed To Taking Bengaluru Project Forward

After Calling MoU Indefinitive, Foxconn Says Committed To Taking Bengaluru Project Forward

SUMMARY

In a letter to Karnataka CM Bommai, the Foxconn chief said that he will ensure ‘successful grounding of Project Elephant’ that is planned on the outskirts of Bengaluru city

A political row erupted in the state earlier after Foxconn said that the agreement to set up the manufacturing unit in the state was not definitive

Meanwhile, in a separate letter written to Telangana CM K Chandrasekhar Rao, Foxconn Chairman also said that the company was committed to setting up a plant in the state

Confusion continues to prevail over Foxconn’s plans to set up a factory in Bengaluru. After publicly signing an agreement with the Karnataka government and then saying that the deal was not ‘definitive’ in nature, the Taiwanese major has now said that it is committed to taking the project forward. 

In a letter to Karnataka Chief Minister Basavaraj Bommai, Foxconn Chairman Young Liu reportedly said that the company will be in close touch with the state government to take the electronics manufacturing project forward.

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