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Taiwanese electronics giant Foxconn is set to roll out the first Made-in-Maharashtra mobiles from its factory built on leased land in Turbhe, Navi Mumbai, from April.
The company, which announced a plan to invest of $5 billion in the State in August last year, has set-up its corporate office in the World Trade Centre at Cuffe Parade in Mumbai. it is however yet to apply for land at Pune, Bhushan Gagrani, CEO, Maharashtra Industrial Development Corporation (MIDC) said.
“Foxconn will start manufacturing in MIDC Turbhe, on a plot sublet from the Rahejas. Construction is over and the first mobile is expected to roll out in April this year,” he said, adding that the total employment here will be around 6,000.
According to earlier reports, the two sheds leased at Turbhe have a capacity of two lakh square feet and the lease agreement is for a 5-year period.
Though Foxconn is a contract manufacturer for Apple iPhones, a senior industry official said that the product from Turbhe will not be an iPhone at least for now.
In August 2015, Terry Gou, founder and chairman of the Taiwan-based Foxconn Technology Group, met Maharashtra Chief Minister Devendra Fadnavis regarding setting up a manufacturing base in the State.
The company had been invited to set up an iPhone manufacturing unit in the State, Industry Minister Subhash Desai had told BusinessLine .
Foxconn was then scouting for 1,000 acres in Maharashtra and had been shown options in industrial estates in Butibori, Shendra and Chakan.
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