Wednesday, May 22, 2024

T-Works inaugurated; Foxconn chief all praise for TS speed

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Foxconn Chairman and CEO Young Liu, along with Minister KT Rama Rao inaugurated T-Works, a state-of-the-art prototyping facility that would accelerate India’s journey towards becoming a leader in product innovation.

The 78,000 sqft building was unveiled in its own unique way, via a spectacular curtain drop (called a kabuki drop). Chairman of Foxconn committed to partner with T-Works by donating an Surface Mount Technology line, used for assembling high-end electronics circuit boards.

Speaking on the occasion, Liu said, “I am very impressed with T-works. There is such place where people can come and do so many things. From hotel to here, I wondered, is this India, I am very much impressed. Telangana speed is so fast, not only making TWorks even our site visit was facilitated quickly. Speed is very critical, especially for HITEC industry. Speed is the essence and with that you can do almost anything.”

He said that he saw the video of Chief Minister KCR and what has been done in last seven years. He said, “After seeing this video, I was amazed and was thinking what should I do in next four years, when I complete the term to be comparable to KCR’s achievement. So I have decided to take the turnover to 400mn in four years. Telangana gave me confidence, working with Telangana very likely to be able to double the revenue of Foxconn. Without the speed it is not possible. With Telangana’s speed it is possible.”

KT Rama Rao said “Today, we are proud to dedicate T-Works to our state and nation. T-Works has developed significant products including the ventilator, electric vehicles, and agricultural innovation in collaboration with rural innovators using the state-of-the-art equipment. This is a testament to the kind of product innovation and design thinking that is bound to happen at this world class facility.”

The IT Minister also talked about the unwavering power of collaboration between countries like India and Taiwan. “IT for me not only stands for Information technology, it represents India and Taiwan. With India’s software prowess and Taiwan’s hardware expertise, we can lead an industrial revolution and enable youngsters to come out with world class products.”

He honoured Young Liu for his presence at the event and talked about the long-term association with Focxonn in future.

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