Foxconn Forecasts India as Future World Manufacturing Center

  • Foxconn, also known as Hon Hai, anticipates that India will emerge as a global manufacturing hub.
  • Currently focusing on Information and Communication Technology (ICT) assembly, Foxconn plans proactive expansion into essential components.
  • Chairman Young Liu revealed investments in key component manufacturing, especially consumer electronics and EV parts, are planned in various Indian states next year.
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