{"id":16102,"date":"2023-04-24T05:16:24","date_gmt":"2023-04-24T05:16:24","guid":{"rendered":"https:\/\/www.newprojectstracker.com\/blog\/?p=16102"},"modified":"2023-04-25T05:19:36","modified_gmt":"2023-04-25T05:19:36","slug":"foxconn-to-go-ahead-with-its-plansto-acquire-186-acres-land-in-telangana","status":"publish","type":"post","link":"https:\/\/www.newprojectstracker.com\/blog\/foxconn-to-go-ahead-with-its-plansto-acquire-186-acres-land-in-telangana\/","title":{"rendered":"Foxconn to go ahead with its plansto acquire 186 acres land in Telangana"},"content":{"rendered":"\n\n\n\t<div class=\"dkpdf-button-container\" style=\" text-align:right \">\n\n\t\t<a class=\"dkpdf-button\" href=\"\/blog\/wp-json\/wp\/v2\/posts\/16102?pdf=16102\" target=\"_blank\"><span class=\"dkpdf-button-icon\"><i class=\"fa fa-file-pdf-o\"><\/i><\/span> Download PDF Report<\/a>\n\n\t<\/div>\n\n\n\n\n\n<p><img src=\"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2023\/04\/Foxconn.jpg\" \/><\/p>\n<p>Foxconn, a multinational contract maker of electronics based in Taiwan, is moving forward with its plans for Telangana and has planned to pay a staggering Rs. 196 crore to buy roughly 186 acres in the TSIIC Park at KongaraKalan.<\/p>\n<p>Through its wholly-owned subsidiary Chang Yi Interconnect Technology (India) Private Limited, Foxconn Interconnect Technology Ltd. (FIT) has made a proposal to buy 186.7 acres at KongaraKalan, Ibrahimpatnammandal, Hyderabad. A top official with the TSIIC has also revealed that the plot is being purchased for 23.8 million US dollars, or roughly Rs. 196 crore.<\/p>\n<p>The FIT Hon Teng Limited\u2019s business and profit update, available on its official website, said the proposed land acquisition was for constructing factories, research and development centres and dormitories.<\/p>\n<p>The considerations for the proposed land acquisition will be determined through negotiations between the parties with reference to market conditions, it said.<\/p>\n<p>The development comes after the March 6 announcement from Foxconn Technology Group Chairman Young Liu on his company\u2019s commitment to set up a manufacturing facility at KongaraKalanpark in Telangana.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Download PDF Report Foxconn, a multinational contract maker of electronics based in Taiwan, is moving forward with its plans for Telangana and has planned to pay a staggering Rs. 196 crore to buy&#8230; <\/p>\n","protected":false},"author":1,"featured_media":16070,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[163],"tags":[1715,369,1716],"jetpack_featured_media_url":"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2023\/04\/Foxconn.jpg","acf":[],"_links":{"self":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/16102"}],"collection":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/comments?post=16102"}],"version-history":[{"count":1,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/16102\/revisions"}],"predecessor-version":[{"id":16103,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/16102\/revisions\/16103"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media\/16070"}],"wp:attachment":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media?parent=16102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/categories?post=16102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/tags?post=16102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}