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kt rama rao

Apple supplier Foxconn to invest $500 in Telangana to manufacture iPhones and more

KT Rama Rao, IT Minister of Telangana, announced that Foxconn, a supplier for Apple, will invest $500 million in the region. The first phase of the project will create 25,000 jobs as a result of this investment.“Demonstrating the “Telangana Speed”, I am happy to announce the groundbreaking of first of Foxconn’s plants in Telangana at Kongar Kalaan today,” the minister said in the tweet. “With an investment of over $500M it shall create 25,000 direct jobs in first Phase.”According to a joint statement by the Telangana…

Telugu Flyer Asked to Shift from Emergency Exit Seat Sends Internet Into Frenzy

In a rather unfortunate incident on a Vijayawada-Hyderabad 6E 7297 Indigo flight, a woman was asked to vacate her emergency exit seat and shift to another seat by the airline staff due to her inability to understand Hindi or English languages. Devasmita Chakraverty, a flyer on the same aircraft, in her tweet claimed that the woman had booked 2A (XL seat, exit row) but she was forced by the IndiGo staff to leave this seat and take 3C as she did not understand the instructions in English and Hindi. Indigo 6E 7297.…

UAE-based Meta4 to invest Rs 250 crore for electric two-wheeler wheeler plant in India

The United Arab Emirates-based company META4 on Monday announced to invest Rs 250 crore to set up an electric two-wheeler manufacturing plant in Telangana.The plant will help create nearly 500 direct and 2,000 indirect jobs in the state.The Telangana government will provide 15 acres of subsidised land in the national investment and manufacturing zone at Zaheerabad, the company said in a statement.The EV 2-Wheeler unit is expected to be ready by the end of FY 2022-23. "With this investment with the Telangana government,…

Rajesh Exports setting up India’s first display plant with $3 billion investment

Jeweller Rajesh Exports has agreed to invest $3 billion in Telangana to set up the country's first electronic-display plant, the state government said. India and many governments around the world have raced to subsidise the construction of semiconductor and display factories as a shortage has hobbled the auto and electronics industries and highlighted the world's dependence on a few sources, such as Taiwan, for vital supplies. "What was hitherto possible only in Japan, Korea and Taiwan, will now happen in Telangana," the…