Karnataka Large and Medium Industries Minister MB Patil on Friday said legal hurdles in handing over 300 acres of land to Taiwanese chip-maker Foxconn have been removed and the land would be handed over to the company very soon.
He also announced that the company will start production by next April.
Responding to a question by BJP’s Doddaballapura MLA Dheeraj Muniraju in the Assembly, Patil said, “The company will be given a total of 300 acres of land in the ITIR (IT Investment Region) spread across Devanahalli and Doddaballapur taluks. The company will invest around Rs 8,500 ” crores to set up a manufacturing plant. The company can start construction immediately after handing over the land.”
Patil said, the government is helping to start this project which will create 50,000 jobs.
In the last three years, 3 major and medium industries have come up in Doddaballapura Taluk. They have invested around Rs 110 crore and created around 1,450 jobs, the minister said.
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