On October 13, the Tamil Nadu government announced that Foxconn, the manufacturer of iPhones, has pledged an investment of ₹15,000 crore in the state, along with the creation of 14,000 new jobs. State Industries Minister TRB Rajaa highlighted this as the largest investment commitment Tamil Nadu has ever received.
Taking to X, Rajaa stated, “The largest-ever engineering jobs commitment for Tamil Nadu! Foxconn commits ₹15,000 crore and 14,000 high-value jobs! Engineers, get ready!”
To facilitate this major investment, the state’s investment promotion agency, Guidance Tamil Nadu, will establish a dedicated desk for Foxconn to ensure faster regulatory clearances. The minister further added that this move is a significant push for the state’s electronics and advanced manufacturing sectors.
He noted that Tamil Nadu Chief Minister M.K. Stalin recently met with Foxconn India representative Robert Wu to reaffirm the company’s trust in the state. As part of this expansion, Foxconn will bring its next phase of value-added manufacturing, R&D activities, and AI-driven advanced technology operations to Tamil Nadu.