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Foxconn Disputes Tamil Nadu’s Claim of ₹15,000 Crore Investment and 14,000 Jobs

The company says its meeting with Chief Minister M.K. Stalin yielded no new pledges, contradicting the state’s announcement of a dedicated “Foxconn Desk.”

Overview

  • Tamil Nadu announced a ₹15,000 crore Foxconn commitment with 14,000 engineering jobs following an Oct. 13 meeting between CM M.K. Stalin and India representative Robert Wu.
  • Foxconn stated on Oct. 14 that no new investments were discussed in the meeting, directly challenging the state’s claim.
  • The state also unveiled a first-of-its-kind “Foxconn Desk” at Guidance Tamil Nadu to fast‑track coordination and approvals for the company’s projects.
  • Tamil Nadu officials maintained the investment was discussed and framed the disclosure as the first official announcement, but no MoU, timeline, locations or operational details were provided.
  • Foxconn’s broader India footprint continues to grow, including existing Tamil Nadu and Karnataka facilities and a central-government‑approved ₹3,700 crore semiconductor JV with HCL near Jewar.