Foxconn iPhone factory: Clash for credit breaks out between BJP, Cong; DK had called Bommai govt MoU with company 'fake'
1 year, 6 months ago

Foxconn iPhone factory: Clash for credit breaks out between BJP, Cong; DK had called Bommai govt MoU with company 'fake'

Firstpost  

Months after DK Shivakumar termed “fake” the then BJP government’s claims of new MoU with Foxconn to manufacture iPhones in the state, Karnataka minister Priyank Kharge on Thursday confirmed the veracity of the upcoming project Months after Congress leader DK Shivakumar termed “fake” the then BJP government’s claims of new MoU with Foxconn to manufacture iPhones in the state, Priyank Kharge, the Minister for Rural Development and Panchayat Raj, who is also in-charge of the IT & BT department, in the newly-formed Karnataka government on Thursday confirmed the veracity of the upcoming project. The development has paved the way for both the BJP and the Congress to claim credit for the project announced in March by former Karnataka Chief Minister Basavaraj Bommai. The proposed annual capacity up to 20 million smartphone units per annum.” Huge boost for Karnataka with Foxconn’s Project Elephant. pic.twitter.com/yanfCctp7Y — Priyank Kharge / ಪ್ರಿಯಾಂಕ್ ಖರ್ಗೆ June 1, 2023 In March, the then Karnataka Chief Minister Basavaraj Bommai had announced that the government has signed a memorandum of understanding with Foxconn, a leading electronics major, to manufacture iPhones in the state and land has been allocated to the company near Bengaluru airport.

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History of this topic

iPhone-maker Foxconn infuses ₹1,200 crore in Karnataka unit
4 months ago

iPhone-maker Foxconn infuses ₹1,200 crore in Karnataka unit

Hindustan Times  

Electronics manufacturing giant Foxconn has infused about ₹1,200 crore -- approximately USD 144 million -- into its Karnataka-based Foxconn Hon Hai Technology India Mega Development Pvt Ltd, the company said in a recent regulatory filing. FILE PHOTO: The logo of Foxconn is seen outside the company's building in Taipei, Taiwan, The iPhone contract manufacturer's Singapore-based arm Foxconn Singapore Pte has …

Minister Lokesh urges Foxconn to establish mega manufacturing city in Andhra
4 months ago

Minister Lokesh urges Foxconn to establish mega manufacturing city in Andhra

New Indian Express  

VIJAYAWADA: Minister for Human Resource Development, Information Technology, and Electronics Nara Lokesh, who promised to create 2 million jobs for the youth, has been actively working towards fulfilling the election promise. On the occasion, Minister Lokesh informed the Foxconn representatives about the new electronics policy which would be unveiled soon. We will extend all cooperation for this,” Minister Lokesh told …

Karnataka government engages with iPhone-maker Foxconn for further potential investment
4 months, 1 week ago

Karnataka government engages with iPhone-maker Foxconn for further potential investment

Hindustan Times  

The Karnataka Government, under the leadership of Chief Minister Siddaramaiah, held a strategic meeting with the CEO and Chairman of Hon Hai Technology Group Young Liu on Friday on strengthening Foxconn's existing investment in Karnataka and exploring future opportunities to expand the company's operations within the state. READ | Karnataka suspends leaves of government doctors amid IMA nationwide strike after …

CM Siddaramaiah hosts Foxconn chief, discusses firm’s big plans for Karnataka
4 months, 1 week ago

CM Siddaramaiah hosts Foxconn chief, discusses firm’s big plans for Karnataka

New Indian Express  

BENGALURU: Chief Minister Siddaramaiah on Friday assured Taiwanese electronics manufacturer Foxconn of complete support to its projects in Karnataka, and requested the firm further invest in the state. Our government is always ready to support you, and I request that you further invest in Karnataka, which has huge investment potential,” the CM said during a meeting with Young Liu, Chief …

Foxconn Delegation Meets Telangana CM, Assures to Start Hyderabad Ops by May '24
11 months, 4 weeks ago

Foxconn Delegation Meets Telangana CM, Assures to Start Hyderabad Ops by May '24

Deccan Chronicle  

HYDERABAD: A delegation of the Foxconn Group, a Taiwanese company that manufactures Apple products, on Tuesday met Chief Minister A. Revanth Reddy at the Secretariat to discuss the company’s expansion plans for Telangana. The delegation, led by Foxconn's Hon Hai Precision Industry Company Limited’s representative Wee Lee, said that its manufacturing plant at Kongarakalan on the city outskirts will become …

Karnataka clears Foxconn’s total investment of ₹21,911 crore
1 year ago

Karnataka clears Foxconn’s total investment of ₹21,911 crore

The Hindu  

Taiwan-based electronic manufacturer Foxconn’s total investment proposal of ₹21,911 crore in Karnataka was approved by the State High-Level Clearance Committee chaired by Chief Minister Siddaramaiah here on Tuesday. In all, the committee cleared investment proposals worth ₹34,000 crore that are expected to generate employment for 14,702 people. He said that while Foxconn initially had a proposal of ₹8,000 crore, the …

IPhone maker Foxconn plans ₹13,300 crore in India expansion bid
1 year ago

IPhone maker Foxconn plans ₹13,300 crore in India expansion bid

Hindustan Times  

IPhone maker Hon Hai Precision Industry Co. plans to expand its footprint in India with another NT$50 billion investment for construction projects. The logo of Foxconn is seen outside the company's building in Taipei, Taiwan, The announcement, made in an exchange filing in Taiwan late Monday, didn’t give any further details, saying only that the investment was for “operational needs.” …

Smartphone manufacturing: How 'Make in India' is marking a difference
1 year, 1 month ago

Smartphone manufacturing: How 'Make in India' is marking a difference

Firstpost  

The decisions by the likes of Apple, Foxconn and Micron to either expand or establish their India presence could not have come at a better time As India is looking to become the third largest economy in the world in the coming years, cutting-edge technologies across 5G/6G, satellite communication and semiconductors will contribute towards this growth. More than 90 per …

Foxconn’s gift to PM Modi: iPhone maker promises to hire thousands as it looks to expand in India
1 year, 3 months ago

Foxconn’s gift to PM Modi: iPhone maker promises to hire thousands as it looks to expand in India

Firstpost  

Foxconn has hinted that it plans to expand rapidly in India and will create tens of thousands of jobs by next year. Lee expressed Foxconn’s strong commitment to doubling its workforce, increasing foreign direct investment, and expanding its overall business operations in India within the next year. We will redouble our efforts to offer you an even greater birthday gift …

Foxconn backs India’s role in electronics manufacturing
1 year, 3 months ago

Foxconn backs India’s role in electronics manufacturing

Live Mint  

NEW DELHI : Foxconn Technology Group chairman Young Liu has backed India as an important country for the future of manufacturing, saying that the opportunities for the development of electronics manufacturing and industrial chains were huge. I don’t think it’s perfect to speculate from history, but we feel that development of the entire ecosystem and industrial chain, and the opportunities …

Foxconn gets board nod for $400 million investment in Telangana
1 year, 4 months ago

Foxconn gets board nod for $400 million investment in Telangana

The Hindu  

Leading contract manufacturer of electronics globally Foxconn, which operates through multiple entities, has announced board approval for a $400 million investment in Telangana, the southern State where in May it broke ground for a $500 million manufacturing facility. Telangana IT and Industries Minister shared a social media post of V. Lee, Foxconn representative in India, and said that adding the …

Foxconn to invest $400m more in Telangana
1 year, 4 months ago

Foxconn to invest $400m more in Telangana

Deccan Chronicle  

HYDERABAD: In a major boost to the state’s manufacturing sector, third-party phone and peripherals contract manufacturer Foxconn Group on Saturday announced an additional investment of $400 million into Telangana. Another $400 million is coming,” V. Lee, Foxconn’s India representative, announced on his LinkedIn wall, while sharing FIT Hon Teng Limited's 'voluntary announcement' that the company had made to the Hong …

Karnataka-Foxconn sign Letter of Intent for two new projects worth ₹5,000 crore
1 year, 4 months ago

Karnataka-Foxconn sign Letter of Intent for two new projects worth ₹5,000 crore

The Hindu  

The Karnataka government and iPhone maker Foxconn have signed the Letter of Intent to set up two additional projects with an estimated investment outlay of ₹5,000 crore, said Large and Medium Industries Minister M.B. The intended projects include a phone enclosure project for which Foxconn Industrial Internet,, a Foxconn subsidiary, will invest ₹3,000 crore that is estimated to create 12,000 …

Foxconn inks ₹1,600-crore deal with T.N. to set up electronic components manufacturing facility in Kancheepuram
1 year, 4 months ago

Foxconn inks ₹1,600-crore deal with T.N. to set up electronic components manufacturing facility in Kancheepuram

The Hindu  

Taiwanese firm Foxconn Technology Group, a key supplier to Apple Inc., on Monday gave a commitment to the Tamil Nadu government to invest ₹1,600 crore to establish a manufacturing facility in Kancheepuram district. According to a senior government official, this MoU enables Foxconn to support research and development capabilities in partnership with IIT-M for Tamil Nadu to improve the talent …

Foxconn arm Fii now proposes a project with ₹8,800 crore investment at Tumakuru in Karnataka
1 year, 5 months ago

Foxconn arm Fii now proposes a project with ₹8,800 crore investment at Tumakuru in Karnataka

The Hindu  

Foxconn Industrial Internet, a subsidiary of iPhone maker Foxconn, has made a proposal to set up a plant at Tumakuru in Karnataka with an investment outlay of ₹8,800 crore. As per the fresh proposal, Fii has explored opportunities to set up a plant that would bring in an investment of ₹8,800 crore to the state and generate 14,000 jobs. The …

Foxconn unit proposes second iPhone plant in Karnataka, to invest ₹8,800 crore
1 year, 5 months ago

Foxconn unit proposes second iPhone plant in Karnataka, to invest ₹8,800 crore

Hindustan Times  

Taiwanese electronics manufacturing giant Foxconn, which is a major supplier for Apple Inc, has proposed a second manufacturing unit in Karnataka, Large and Medium Industries Minister M B Patil said on Monday. Foxconn's unit, called Foxconn Industrial Internet, will set up a second plant of around 100 acres in Tumakuru by investing around ₹ 8,800 crore. Foxconn's unit, called Foxconn …

Foxconn delegation meets CM, plans supplementary plant
1 year, 5 months ago

Foxconn delegation meets CM, plans supplementary plant

Deccan Chronicle  

Bengaluru: The delegates of Foxconn Industrial Internet, a subsidiary of i-phone maker, led by Foxconn Chief Executive Officer Brand Cheng held discussion with Chief Minister Siddaramaiah in Bengaluru on Monday over setting-up of Foxconn supplementary plant in about 100-acre of land. To the Foxconn delegation, Chief Minister Siddaramaiah extended an invitation to set-up its plant and assured the state government …

'Legal hurdles resolved, 300-acre of land will be given to Foxconn soon': Karnataka Minister MB Patil
1 year, 5 months ago

'Legal hurdles resolved, 300-acre of land will be given to Foxconn soon': Karnataka Minister MB Patil

Firstpost  

Earlier this week, Foxconn terminated its joint venture with India’s Vedanta Group for chip production. Sources revealed that Foxconn has been in talks with TSMC and TMH for quite some time now Karnataka’s Large and Medium Industry Minister MB Patil said on Friday that the legal hurdles to establishing iPhone makers’ Foxconn factory in the state have been cleared and …

Foxconn eyes partner for new chip venture
1 year, 5 months ago

Foxconn eyes partner for new chip venture

Live Mint  

New Delhi: A day after withdrawing from the $19.5 billion joint venture with Vedanta, the world’s largest contract manufacturer Foxconn said it remains committed to building India’ssemiconductor ecosystem and will begin afresh with new partners. According to Hon Hai Technology Group, better known as Foxconn the world over, said challenging gaps with Vedanta could not be solved. Foxconn Technology Group …

Foxconn withdraws from its semiconductor joint venture with Indian conglomerate Vedanta
1 year, 5 months ago

Foxconn withdraws from its semiconductor joint venture with Indian conglomerate Vedanta

The Hindu  

Taiwan-based Hon Hai Technology Group on Tuesday said that it intended to submit an application under the modified Production-Linked Incentive scheme for semiconductors, a day after it announced the end of its joint venture with the Vedanta Group to build a $19.5 billion semiconductor plant in Gujarat. “Foxconn is working toward submitting an application related to the ‘Modified Programme for …

Know why Foxconn broke up with Vedanta and set up shop in Tamil Nadu
1 year, 5 months ago

Know why Foxconn broke up with Vedanta and set up shop in Tamil Nadu

Firstpost  

When Foxconn ended its joint venture with Vedanta, a narrative was being pushed, which said that the Taiwanese tech giant had no confidence in India Semicon. Foxconn’s subsequent statement and the fact that they are setting up a new plant in Tamil Nadu, proves otherwise Taiwan’s Foxconn pulling out of its joint venture with India’s Vedanta seemed to be a …

Foxconn to apply for India chipmaking incentives after breaking up with Vedanta
1 year, 5 months ago

Foxconn to apply for India chipmaking incentives after breaking up with Vedanta

India Today  

Taiwan's Foxconn said on Tuesday it plans to apply for incentives that India is offering under its semiconductor manufacturing policy, a day after the company parted ways with Vedanta on a $19.5 billion chipmaking joint venture. "Foxconn is committed to India and sees the country successfully establishing a robust semiconductor manufacturing ecosystem," the company said. On Monday, Foxconn withdrew from …

Foxconn pulling plug on chip plant venture won't have impact on India's semiconductor goals: Govt
1 year, 5 months ago

Foxconn pulling plug on chip plant venture won't have impact on India's semiconductor goals: Govt

Hindustan Times  

Following the withdrawal of Taiwanese electronic contract manufacturer Foxconn from its chip joint venture with Vedanta on Monday, Union Minister of State for Electronics & Technology said that India's semiconductor fabrication goals will remain unscathed by the company's departure. Foxconn, the world's largest contract electronics maker, has decided to withdraw from a ₹1.5 lakh crore semiconductor joint venture with Indian …

Foxconn dumps $19.5 billion Vedanta chip plan in blow to India
1 year, 5 months ago

Foxconn dumps $19.5 billion Vedanta chip plan in blow to India

India Today  

Taiwan's Foxconn said on Monday it has withdrawn from a $19.5 billion semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta, in a setback to Prime Minister Narendra Modi's chipmaking plans for India. Foxconn, the world's largest contract electronics maker, and Vedanta signed a pact last year to set up semiconductor and display production plants in Gujarat. "Foxconn has determined it …

'India just getting started': Minister as Foxconn dumps $19.5 billion chip plan
1 year, 5 months ago

'India just getting started': Minister as Foxconn dumps $19.5 billion chip plan

India Today  

Taiwan’s Foxconn’s decision to withdraw from a $19.5 billion semiconductor joint venture with Indian conglomerate Vedanta “has no impact on India's Semiconductor Fab goals”, the government said today, adding that it was “a bad idea to bet against India under PM Modi”. Foxconn, the world's largest contract electronics maker, and Vedanta had signed a deal last year to build semiconductor …

Apple Partner Foxconn On Hiring Spree At Largest Factory Ahead Of iPhone 15 Launch
1 year, 5 months ago

Apple Partner Foxconn On Hiring Spree At Largest Factory Ahead Of iPhone 15 Launch

ABP News  

Apple's largest and most prominent manufacturing partner Foxconn has ramped up hiring at the world's biggest iPhone factory in Zhengzhou province of China, weeks ahead of the launch of the upcoming iPhone 15. A recruiter named Zhao, which is responsible for hiring staff for Foxconn, is hiring permanent employees and temporary workers at an hourly wage of 21.5 yuan, the …

Foxconn and Stellantis form joint venture to develop high-end automotive chips
1 year, 6 months ago

Foxconn and Stellantis form joint venture to develop high-end automotive chips

Hindustan Times  

Taiwan's tech giant Foxconn and US-European carmaker Stellantis announced Tuesday that they have set up a joint venture to design and sell high-end automotive chips. Tech companies, including Foxconn, have increasingly looked to shift manufacturing away from China after strict Covid policies, a bout of industrial unrest and ongoing diplomatic tensions with the United States hurt production. Stellantis, the world's …

Foxconn to start manufacturing iPhone in Karnataka by April 2024
1 year, 6 months ago

Foxconn to start manufacturing iPhone in Karnataka by April 2024

The Hindu  

Taiwan’s Foxconn Technology Group will start manufacturing iPhones at its proposed Devanahalli plant, north of Bengaluru city in Karnataka, by April 2024, according to M.B. When Foxconn representatives led by George Chu met the Minister on June 15, he reiterated that the Karnataka Government would hand over the required land to the company by July 1 to facilitate manufacturing of …

Karnataka govt. to hand over land to iPhone maker Foxconn by July 1: Minister M.B. Patil
1 year, 6 months ago

Karnataka govt. to hand over land to iPhone maker Foxconn by July 1: Minister M.B. Patil

The Hindu  

Large and Medium Industries Minister M.B. Patil on Thursday said that Foxconn plans to start manufacturing iPhone units by April, 2024, at its proposed Devanahalli plant as the State government would be handing over the required land by July 1 this year. Along with this, the Government would ensure 5 MLD of water, quality power supply, road connectivity and other …

Taiwan-based Foxconn to start manufacturing iPhones in Bengaluru by April 2024
1 year, 6 months ago

Taiwan-based Foxconn to start manufacturing iPhones in Bengaluru by April 2024

India Today  

Foxconn, the Taiwanese multinational electronics contract manufacturer, is planning to start manufacturing iPhones at its proposed Devanahalli plant in Bengaluru by April 2024, Karnataka Minister for Large and Medium Industries MB Patil said. Karnataka will hand over the required land to the company by July 1 to facilitate the production, Patil said. The Taiwan-based company has paid 30% of the …

Foxconn breaks ground for $500 million manufacturing plant near Hyderabad
1 year, 7 months ago

Foxconn breaks ground for $500 million manufacturing plant near Hyderabad

The Hindu  

Electronics manufacturing major and iPhone maker Apple’s supplier Foxconn broke ground on Monday for a production plant near Hyderabad, on which Telangana IT Minister K.T. A greenfield project, the facility will create 25,000 direct jobs in its first phase itself, Mr. Rao told the groundbreaking at Kongara Kalan, in neighbouring Ranga Reddy, in the presence of Foxconn subsidiary Foxconn Interconnect …

iPhone maker Foxconn buys huge site in Devanahalli
1 year, 7 months ago

iPhone maker Foxconn buys huge site in Devanahalli

The Hindu  

May 09, 2023 09:50 pm | Updated 09:50 pm IST - Bengaluru Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Bengaluru, the key Apple supplier said in a filing on Tuesday as it looks to diversify production away from China. Also known by its official name, Hon Hai Precision Industry, Foxconn is the …

iPhone maker Foxconn buys huge site in Bengaluru
1 year, 7 months ago

iPhone maker Foxconn buys huge site in Bengaluru

India Today  

Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Indian tech hub Bengaluru, the key Apple supplier said in a filing Tuesday as it looks to diversify production away from China. Karnataka state chief minister Basavaraj S. Bommai said in March that Apple would "soon" manufacture iPhones at a new plant that would create …

iPhone-Maker Foxconn Receives Karnataka Govt Approval On Rs 8,000 Crore Project, May Generate 50,000 Jobs
1 year, 9 months ago

iPhone-Maker Foxconn Receives Karnataka Govt Approval On Rs 8,000 Crore Project, May Generate 50,000 Jobs

ABP News  

The Karnataka government on Monday gave its nod to Rs Rs 8,000 crore project by iPhone-Maker Foxconn Hon Hai Technology India Mega Development Private Limited. The committee also cleared 18 other projects with a total projected investment of around Rs 75,393.57 crore. On March 3, a delegation led by Foxconn CEO and chairman Young Liu visited Karnataka and held a …

Foxconn to make AirPods in TS, first outside China
1 year, 9 months ago

Foxconn to make AirPods in TS, first outside China

Deccan Chronicle  

TAIPEI: Taiwanese contract manufacturer Foxconn has won an order to make AirPods for Apple Inc and plans to build a factory in the Indian state of Telangana to produce the wireless earphones, two people with direct knowledge of the matter told Reuters. The deal will see Foxconn, the world’s largest contract electronics maker and assembler of around 70 per cent …

Apple supplier Foxconn plans $200m factory in India, sources say
1 year, 9 months ago

Apple supplier Foxconn plans $200m factory in India, sources say

Al Jazeera  

Source says Taiwan firm will invest more than $200m in the new AirPod plant in the southern Indian state of Telangana. One source said Foxconn will invest more than $200m in the new India AirPod plant in the southern Indian state of Telangana. The person, who requested anonymity as the matter was not public yet, said Foxconn officials had debated …

Will be in close contact with Karnataka regarding manufacturing project: Foxconn
1 year, 9 months ago

Will be in close contact with Karnataka regarding manufacturing project: Foxconn

Live Mint  

Hon Hai Technology Group on Monday said it will be in "close contact" with the Karnataka government to take forward and ensure the "successful grounding" of its manufacturing project near Bengaluru. "My team will be in close contact with your team to take this forward and ensure successful grounding of "Project Elephant" in Bengaluru. Thanking the Chief Minister and his …

Keen to take project forward in Bengaluru, says Foxconn in letter to Bommai
1 year, 9 months ago

Keen to take project forward in Bengaluru, says Foxconn in letter to Bommai

The Hindu  

Two days after issuing a ‘clarification’ that “no binding and definitive” agreements were made on investments in Karnataka, Taiwanese Hon Hai Precision Industry Co. Ltd. on Monday wrote to Karnataka Chief Minister Basavaraj Bommai expressing keenness to take forward its proposed electronics production facility in Karnataka. Foxconn Chairman Young Liu, in his letter to Mr. Bommai, promised to ensure successful …

BRS scrambles to save face after Foxconn denies signing investment agreement
1 year, 9 months ago

BRS scrambles to save face after Foxconn denies signing investment agreement

Deccan Chronicle  

HYDERABAD: A statement from Taiwanese major Foxconn on Saturday, denying it had “binding, definitive” agreements to invest in India, left the ruling Bharat Rashtra Samithi scrambling to save face, three days after it had claimed that the firm would set up a Hyderabad unit and generate 1 lakh jobs over 10 years. Foxconn issued the statement in response to announcements …

Foxconn Eyes India As It Plans $700 Million Investment In New Plant For iPhone Production
1 year, 9 months ago

Foxconn Eyes India As It Plans $700 Million Investment In New Plant For iPhone Production

News 18  

Foxconn Technology Group, a major manufacturer for Apple’s iPhone, is reportedly planning to invest up to $700 million to build a new plant in India. According to Bloomberg, Foxconn could be looking at producing iPhone parts on a 300-acre site located near Bengaluru, Karnataka. Last November, Foxconn’s Zhengzhou facility, known as the biggest Apple iPhone factory globally, faced challenges with …

Foxconn electronics unit to come up in Hyderabad, generate 1 lakh jobs
1 year, 9 months ago

Foxconn electronics unit to come up in Hyderabad, generate 1 lakh jobs

Deccan Chronicle  

Hyderabad: Taiwanese multinational electronics contract manufacturer Hon Hai Technology Group signed a memorandum of understanding with the state government on Thursday to establish its manufacturing facility in the state. Chief Minister K. Chandrashekar Rao, along with Foxconn chairman Young Liu, who was in the city, announced that an electronics manufacturing facility would come up in Hyderabad. Welcoming Foxconn to Telangana, …

Centre clears PLI incentive for Padget Electronics, Foxconn India
2 years ago

Centre clears PLI incentive for Padget Electronics, Foxconn India

Firstpost  

Foxconn India was the first global firm which got approved under the mobile phone-making segment The Empowered Committee has issued incentives to Padget Electronics and Foxconn India. An incentive of Rs 58.29 crore has been provided to Padget Electronics and Rs 357.17 crore to Foxconn India. Foxconn India is going to receive the incentive under mobile manufacturing for the period …

Foxconn To Build Hostels For 60,000 Employees In Tamil Nadu: Report
2 years ago

Foxconn To Build Hostels For 60,000 Employees In Tamil Nadu: Report

ABP News  

As Foxconn, the maker of iPhones, aims to boost the production of Apple devices in India, the company is reportedly building large hostels for nearly 60,000 employees at its manufacturing unit in Chennai, reported by the Economic Times. According to the report, in response to the strong domestic demand for Apple products and Foxconn’s aim to diversify away from China, …

How Foxconn cleaned up its mess in India
2 years ago

How Foxconn cleaned up its mess in India

Live Mint  

Lakshmi, who works with Foxconn’s mobile phone manufacturing facility at Sriperumbudur, near Chennai, stayed at the Pallava Hostel in the temple town of Kanchipuram. Contract workers were not made permanent even after a year of doing a core job though a Tamil Nadu government law stipulates that they should be after 240 days, several workers and labour unions said. Foxconn’s …

Apple supplier Foxconn plans to quadruple workforce at India plant: Report
2 years, 1 month ago

Apple supplier Foxconn plans to quadruple workforce at India plant: Report

Live Mint  

Apple supplier Foxconn plans to quadruple the workforce at its iPhone factory in India over two years, two government officials with knowledge of the matter said, pointing to a production adjustment as it faces disruptions in China. While the size of the plant in India's southern state of Tamil Nadu is dwarfed by Foxconn's Zhengzhou plant, which employs 200,000 workers, …

Foxconn’s US story may hold lessons for India’s chip hopes
2 years, 3 months ago

Foxconn’s US story may hold lessons for India’s chip hopes

Live Mint  

The project is fantastical: A $19 billion investment in the semiconductor and display-panel sectors, with the creation of 100,000 jobs promised in a state with little experience in technology manufacturing. If voters and taxpayers in India’s Gujarat state are excited about this “landmark investment”, they ought to read up on recent Wisconsin history. The US state bought into a similar …

Aatmanirbhar Silicon Valley dreams to turn to reality: Why India’s first chip factory in Gujarat is reason to celebrate
2 years, 3 months ago

Aatmanirbhar Silicon Valley dreams to turn to reality: Why India’s first chip factory in Gujarat is reason to celebrate

Firstpost  

Vedanta and Taiwan’s Foxconn will invest Rs 1.54 lakh crore to set up the 1,000-acre semiconductor plant in Ahmedabad. The factory, which is expected to start production in two years, will not only employ more than one lakh people but also accelerate India’s manufacturing ambitions Multinational mining company Vedanta Limited and Taiwanese electronics manufacturing giant Foxconn on Tuesday announced that …

Vedanta, Foxconn to invest $19.5 bn in Gujarat for chip project
2 years, 3 months ago

Vedanta, Foxconn to invest $19.5 bn in Gujarat for chip project

The Hindu  

Vedanta Ltd. and Taiwan's Foxconn will invest $19.5 billion under a pact signed on Tuesday to set up a semiconductor project in Gujarat, Indian Prime Minister Narendra Modi's home state. Gujarat Chief Minister Bhupendrabhai Patel said the venture would create more than 100,000 jobs, and the state was prepared to extend any support to the project, which it won in …

The curious case of Vedanta’s Foxconn tie-up to make chips
2 years, 10 months ago

The curious case of Vedanta’s Foxconn tie-up to make chips

Live Mint  

This week’s announcement that India’s Vedanta Group has tied up with Taiwan’s Foxconn Technology Group to make chips is being lauded as proof that New Delhi is gaining traction with its plans to build a semiconductor industry. India’s government is offering almost $7 billion of enticements to boost its electronics manufacturing sector, which includes a Production Linked Incentive scheme, and …

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