Foxconn aiming to set up new facilities in India in 6 months
The company that is making phones and television sets for various companies, including Xiaomi, Gionee, OnePlus, InFocus and others is looking to scale up it presence in India.tech Updated: Jan 14, 2016 11:20 IST
Electronics manufacturing company, Foxconn is looking to scale up its presence in India to new states within six months.
The company at present is making phones and television sets for various companies, including Xiaomi, Gionee, OnePlus, InFocus and others.
Foxconn also manufactures iPhone, iPad and several other Apple products in factories in China.
In China, it has 34 facilities and is looking to have a pan-India presence.
“We are looking at expanding our presence to a few more states in the next few months, probably a couple of quarters,” Foxconn India Country head and MD Josh Foulger told PTI on sidelines of China-India Mobile Phone and Component Manufacturing Summit here.
Foxconn, at present, has facility in Tamil Nadu and Andhra Pradesh and is in the process of setting up a new plant in Maharashtra with an investment of $5 billion.
“Chairman (Terry Gou) has made a commitment to Prime Minister Narendra Modi to strengthen Make in India. Within six months of that commitment, our facilities have been in place and we are now employing about 6,000 people. Investment is no constraint,” Foulger said.
“Our chairman has committed a 10-year road map to set up plants across India. For a market like India, you have to build pan-India capacities. We will expand in the country based on business conditions,” Foulger said.
First Published: Jan 14, 2016 10:47 IST