IT Minister Shri KTR Broke Ground for Foxconn Interconnect Technology’s Electronics Manufacturing Facility at Kongara Kalan

IT and Industries Minister Shri KTR broke ground for Foxconn Interconnect Technology’s electronics manufacturing facility at Kongara Kalan, Rangareddy in the presence of the company’s Chairman and CEO, Sidney Lu.

With an investment of over $500M, the facility will create 25,000 direct jobs in the first phase.

“I am sincerely thankful to the entire Foxconn Group for its wonderful decision to set up Foxconn Interconnect Technology’s unit in Telangana. Also, I am delighted to mention that we signed the MoU on 2nd March 2023, and in about just two and a half months, we are here today at the ground-breaking ceremony. The Government of Telangana understands why we need to work at high speed. The Chairman of Foxconn Group, Mr. Young Liu, called it Telangana Speed. We shall live up to that reputation.” Minister Shri KTR.

IT and Industries Minister Shri KTR assured team Foxconn Interconnect Technology of the best possible support from the Telangana Government as they move on to the project execution stage.

Amara Raja Lays the Foundation Stone for Rs 9.5k cr Lithium Cell Facility in Telangana

Amara Raja Batteries Ltd on Saturday held a grand groundbreaking ceremony for Telangana’s first gigafactory in Mahbubnagar district to produce Lithium Cell and Battery Packs, with an ultimate capacity of upto 16 GWh and 5 GWh respectively. A release from the battery maker said the event was graced by Telangana Minister for Industries KT Rama Rao, Founder, Amara Raja Group Ramachandra N Galla, Chariman and Managing Director, ARBL Jayadev Galla.

ARBL had earlier said it will be investing over Rs 9,500 crore, over a period of 10 years for setting up research and development, and a greenfield manufacturing facility for lithium-ion battery-making in Telangana.

The ground-breaking ceremony officially marked the beginning of ‘Amara Raja Giga Corridor’ that aims to produce Lithium Cell and Battery Packs with an ultimate capacity of up to 16GWh and up to 5 GWh respectively.

The facility also aims to create direct employment for about 4,500 people and a similar number of indirect jobs that will make significant contributions to the socio-economic development in the region.

“The Bhoomi pooja marks a significant milestone in our journey and our strategic step is not just limited to setting up of the Giga Corridor but to provide non-migratory jobs to the local youth.

Source:  Economic Times

Launch of a New Flipkart Fulfillment Center in Sangareddy by IT Minister Shri KTR

Flipkart, India’s homegrown e-commerce marketplace, has expanded its footprint in Telangana and strengthened its supply chain infrastructure with the launch of a new fulfillment center (FC) in Sangareddy. The new fulfillment center was virtually inaugurated by Shri. Kalvakuntla Taraka Rama Rao (KT Rama Rao), Hon’ble Minister for Municipal Administration & Urban Development, Industries & Commerce, and Information Technology of Telangana, Shri. Jayesh Ranjan, Hon’ble Secretary, Information Technology (IT), Government of Telangana and Shri Kalyan Krishnamurthy, CEO, Flipkart Group.

Spread over 4 lakh square feet, the FC will further Flipkart’s commitment to India’s digital commerce evolution by empowering local sellers, employable youth, and customers while making e-commerce more inclusive and accessible. The new FC will support the delivery and logistics of a wide range of product categories, including furniture and large appliances, offered by thousands of local sellers and MSMEs in Telangana, providing them access to a national market. To date, Flipkart’s e-commerce platform has empowered more than 14,000 sellers in the state to join the mainstream economy and cater to the rising consumer demand in the country. Flipkart’s supply chain operations have also contributed to the growth of Telangana’s economy by creating over 40,000 direct and indirect jobs.

Speaking at the launch, Hon’ble Minister for Municipal Administration & Urban Development, Industries & Commerce, and Information Technology of Telangana, Shri. Kalvakuntla Taraka Rama Rao (KT Rama Rao) said, “Digitization has enhanced prospects for local economies to grow and thrive, and this is being reinforced by e-commerce. I appreciate Flipkart’s ongoing endeavors to create a conducive growth environment for MSMEs and welcome its investments in the state. The new facility by Flipkart will strengthen pan-India market access for
local sellers and encourage many of our local communities to become a part of the digital
revolution.”

Kalyan Krishnamurthy, Chief Executive Officer, Flipkart Group, said, “We recognize that building strong infrastructure is the backbone of e-commerce. It creates equitable opportunities for small and large businesses alike, helping reach millions of customers nationwide. In line with our commitment to the country’s economic progress, we have made important investments across India through upskilling opportunities, infrastructure, and technological advancements. Over the years, we have made significant investments in Telangana to create growth opportunities for sellers, MSMEs, artisans, kiranas, and our ecosystem partners. We hope that the establishment of the Sangareddy facility will give a further boost to entrepreneurs in the state and strengthen
their integration with the national market. We will continue leveraging the power of technology and our robust infrastructure to accelerate growth for India and its people.”