Foxconn to put women employees in leadership roles in design and tech

27 Aug 2024 CW Team

"We want women to move beyond assembly work and into design and technology roles. Many of our current employees are highly educated, and we aim to offer them opportunities to advance into higher positions," Foxconn Chairman Young Liu told PTI.

In Foxconn's Indian operations, the workforce comprises approximately 70% women and 30% men.

The company recently inaugurated a women-only residential complex in Sriperumbudur, near Chennai, built by the State Industries Promotion Corporation of Tamil Nadu (SIPCOT). The facility can accommodate over 18,000 women employees working at Foxconn.

Liu emphasised that Foxconn's hiring in India is on the rise across all categories, with the company employing individuals regardless of gender.

Foxconn is also establishing its second-largest mobile manufacturing plant outside China in Karnataka, with an investment of Rs 250 billion, which is expected to create 40,000 jobs. Recently, the company invested an additional Rs 12 billion in its Karnataka unit, bringing its total investment to around Rs 138 billion in Foxconn Hon Hai Technology India Mega Development Pvt Ltd.

Last week, Liu mentioned that Foxconn is in discussions with the Tamil Nadu government to establish a battery energy storage system unit focused on electric vehicles. Additionally, the company has formed a joint venture to build a semiconductor plant in India and is gearing up to start electric vehicle production in the country.

Liu also noted that Foxconn's information and communication technology segment has recently launched in India, stating, "We are looking forward to implementing our 3+3 future industry strategy in India."

Under the "3+3 strategy," Foxconn is focused on expanding its business in three key industries: electric vehicles, digital health, and robotics.

(ET)

Foxconn, the iPhone contract manufacturer, is encouraging its women employees in India to take up leadership roles in design and other technology-related fields, according to a senior company official. The company currently employs 48,000 people across India, with 25% of its recent hires being married women. We want women to move beyond assembly work and into design and technology roles. Many of our current employees are highly educated, and we aim to offer them opportunities to advance into higher positions, Foxconn Chairman Young Liu told PTI. In Foxconn's Indian operations, the workforce comprises approximately 70% women and 30% men. The company recently inaugurated a women-only residential complex in Sriperumbudur, near Chennai, built by the State Industries Promotion Corporation of Tamil Nadu (SIPCOT). The facility can accommodate over 18,000 women employees working at Foxconn. Liu emphasised that Foxconn's hiring in India is on the rise across all categories, with the company employing individuals regardless of gender. Foxconn is also establishing its second-largest mobile manufacturing plant outside China in Karnataka, with an investment of Rs 250 billion, which is expected to create 40,000 jobs. Recently, the company invested an additional Rs 12 billion in its Karnataka unit, bringing its total investment to around Rs 138 billion in Foxconn Hon Hai Technology India Mega Development Pvt Ltd. Last week, Liu mentioned that Foxconn is in discussions with the Tamil Nadu government to establish a battery energy storage system unit focused on electric vehicles. Additionally, the company has formed a joint venture to build a semiconductor plant in India and is gearing up to start electric vehicle production in the country. Liu also noted that Foxconn's information and communication technology segment has recently launched in India, stating, We are looking forward to implementing our 3+3 future industry strategy in India. Under the 3+3 strategy, Foxconn is focused on expanding its business in three key industries: electric vehicles, digital health, and robotics. (ET)

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..