Hyvision to Set up Plant Worth INR 40 Crore Near Foxconn Facility in Bengaluru

In a move of immense significance and with the rising importance of Bengaluru in the global tech manufacturing landscape, Hyvision, a key supplier for giants Apple and Tesla

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This strategic investment shall go toward strengthening the local manufacturing ecosystem along this direction.

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Hyvision decided to locate its plant near the facility of Foxconn in Bengaluru. This is a well-calculated move to substantially profit from the already existing infrastructure and expertise in the region.

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Foxconn, Apple’s major supplier, has already acquired a 300-acre plot in Devanahalli located on the outskirts of Bengaluru near the airport.

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The INR 40-crore investment by Hyvision is also in tune with the increasing foreign direct investment flow into the technology sector in India.

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The establishment of Hyvision’s plant will thus be important for the local economy in a number of ways.

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