The Letter of Intent was signed between the state government and Foxconn Group represented by its chairman Young Liu, in the presence Chief Minister M K Stalin
Taiwan s Foxconn signed a letter of intent (LoI) with the Tamil Nadu government on Monday to establish a new mobile component manufacturing facility for Rs 1,600 crore in Kancheepuram with potential to generate 6,000 jobs.
On his Twitter handle, Chief Minister M K Stalin said the LoI was signed, in his presence, between the state government and Foxconn Group represented by its chairman Young Liu.
State Industries Minister T R B Rajaa, Chief Secretary Shiv Das Meena and senior officials participated.
Foxconn inks pact with TN govt to set up Rs 1600 crore facility to make mobile components- The New Indian Express newindianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newindianexpress.com Daily Mail and Mail on Sunday newspapers.