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Not particularly.

You're earning around $2.5k a year (1.8 lpa) which isn't the most competitive even in most of India tbh, especially when factoring CoL in Karnataka. If this was Andhra Pradesh, Rajasthan, or Harit Pradesh/Western UP (regions of India with the right mix of supply chain and cheap labor), it might fly with migrants from Bihar, Purvanchal, and the Tribal Belt, but definetly not in KN.

You can easily earn that much in farming, or via alternative unskilled labor with better work hours (eg. street food stalls, MGNREGA, etc).

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1.8 lpa is better than what many "uskilled" labourers make even in Karnataka. 1.1 to 1.44 lpa (9k to 12k a month) is what the cleaners, for example, makes in a college where someone I know studies. Daily wage labourers make a similar amount.

True! But cleaners and mazdoori labourers make that much for better hours.

Also the 1.8lpa figure is for their "Graduate Engineering Trainee" - for assembly Foxconn began leveraging Engineering graduates to work in assembly. So this isn't an unskilled job, and even then pay is on the lower end for a fresher.

That's why there was a violent bandh a couple years ago at a Foxconn supplier named Winstron - https://m.youtube.com/watch?v=NqvT8LYj2Ic - bad pay and bad hours pissed workers off.