Foxconn plans to double Indian jobs, investments in 12 months

20 Sep 2023 CW Team

Foxconn expressed their intentions to double their workforce and increase investment in India by the following year. The world's largest contract manufacturer of electronics, based in Taiwan, has been swiftly expanding its presence in India by making investments in manufacturing facilities in the southern part of the country, as it seeks to shift away from China.

V Lee, who serves as Foxconn's representative in India, conveyed in a LinkedIn post on the occasion of Indian Prime Minister Narendra Modi's 73rd birthday that the company was targeting a twofold increase in employment, foreign direct investment (FDI), and business scale in India within the next year. Foxconn presently operates an iPhone manufacturing plant in the state of Tamil Nadu, employing 40,000 individuals.

In August, the state of Karnataka announced that Foxconn had committed to investing $600 million in two projects within the state, aimed at producing casing components for iPhones and manufacturing chip-making equipment.

During an earnings briefing last month, the company's Chairman, Liu Young-way, articulated his belief in the substantial potential of India, stating that "several billion dollars in investment is only a beginning."

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Infrastructure Urban

13 Mar 2026

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

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