As per a report, Foxconn and the Maharashtra government are likely to sign a deal to set up a manufacturing hub in the state. Executives from Foxconn have held meetings with the government officials on July 4 and met with the Chief Minister, Devendra Fadnavis.
Foxconn will set up a plant within the special economic zone (SEZ) of the Jawaharlal Nehru Port Trust (JNPT). The company has also bid for a 45-acre plot there, on the outskirts of Mumbai.
Company officials have informed that they would eventually require another 200 acres, for which Fadnavis is said to have written to Union Road Transport and Highways Minister, Nitin Gadkari.
In 2015, Foxconn had announced an investment of $5 billion in the state to set up a manufacturing unit to make mobile phones and allied components. The proposal was expected to help create 50,000 jobs by 2020.
The company already manufactures televisions as well as Xiaomi and Nokia-branded mobile phones at its plants in Andhra Pradesh and Tamil Nadu.
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