Foxconn's Indian Business Surpasses $10 Billion; Invests $1.4 Billion

21 Aug 2024 CW Team

The substantial investment underscores Foxconn's strategic focus on India as a key hub for its manufacturing and assembly operations. This expansion is part of the company's broader strategy to diversify its supply chain and capitalise on India's burgeoning market potential.

Foxconn's increased investment is seen as a boost to India's manufacturing sector, contributing to the government's push for more foreign direct investment and the "Make in India" initiative. The company's involvement has led to the establishment of new production facilities and the creation of numerous job opportunities, further supporting the local economy.

The company's investments include setting up state-of-the-art manufacturing plants and enhancing existing infrastructure to support the growing demand for electronics. Foxconn's operations in India are expected to play a crucial role in strengthening the country's position as a global manufacturing hub.

As Foxconn continues to expand its footprint in India, it is poised to benefit from the country's favourable business environment and growing consumer market. The investment also highlights the increasing attractiveness of India as a destination for global technology and manufacturing companies.

Overall, Foxconn's achievement of surpassing $10 billion in business and its significant investment in India mark a major step forward in the company's global expansion strategy and the country's economic development.

Foxconn, a major player in global electronics manufacturing, has achieved a major milestone in India by surpassing $10 billion in business investments. To date, the company has invested $1.4 billion in the Indian market, reflecting its growing commitment to expanding its operations in the country. The substantial investment underscores Foxconn's strategic focus on India as a key hub for its manufacturing and assembly operations. This expansion is part of the company's broader strategy to diversify its supply chain and capitalise on India's burgeoning market potential. Foxconn's increased investment is seen as a boost to India's manufacturing sector, contributing to the government's push for more foreign direct investment and the Make in India initiative. The company's involvement has led to the establishment of new production facilities and the creation of numerous job opportunities, further supporting the local economy. The company's investments include setting up state-of-the-art manufacturing plants and enhancing existing infrastructure to support the growing demand for electronics. Foxconn's operations in India are expected to play a crucial role in strengthening the country's position as a global manufacturing hub. As Foxconn continues to expand its footprint in India, it is poised to benefit from the country's favourable business environment and growing consumer market. The investment also highlights the increasing attractiveness of India as a destination for global technology and manufacturing companies. Overall, Foxconn's achievement of surpassing $10 billion in business and its significant investment in India mark a major step forward in the company's global expansion strategy and the country's economic development.

Infrastructure Urban

04 Jul 2025

India Warehousing Show Concludes with Record Participation

The 14th edition of the India Warehousing Show (IWS) 2025 wrapped up successfully at Yashobhoomi (IICC), Dwarka, drawing over 300 exhibitors from 15 countries and welcoming more than 15,000 visitors from India and abroad. As the country’s leading platform for warehousing and supply-chain excellence, the event highlighted cutting-edge technologies, sustainable solutions, and new product innovations that are reshaping the logistics sector.The show was inaugurated by Shri Pankaj Kumar, Joint Secretary – Logistics, DPIIT, Ministry of Commerce and Industry, Government of India, who delivered a ..

Infrastructure Urban

04 Jul 2025

Hindustan Zinc Launches Inclusive Language Guide to Promote Workplace Diversity

Udaipur, 3rd July 2025: Hindustan Zinc Limited (NSE: HINDZINC), the world’s largest integrated zinc producer, has made a significant stride towards enhancing workplace equity with the launch of its Guidebook to Inclusive Language. This move underscores the company’s strong commitment to creating a respectful, diverse, and inclusive work environment. The guidebook serves as a framework to encourage inclusive communication, promote sensitivity towards various communities, and support equitable practices throughout the organization.The Guidebook was launched on Hindustan Zinc’s homegrown #Z..

Infrastructure Urban

04 Jul 2025

BharatBenz Launches New Mining Range to Support India’s Infra Growth

Chennai, India: The Indian construction and mining equipment sector is set to grow significantly, projected to increase from $16 billion to $45 billion by 2030. To support this expansion, Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, has launched its all-new BharatBenz Construction and Mining range. This range includes the HX and Torqshift series models, designed to meet the critical demand for reliable, high-performance vehicles as large contractors modernise their fleets and invest in owned assets.The HX and Torqshift series have undergone rigorous ..

Foxconn's Indian Business Surpasses $10 Billion; Invests $1.4 Billion

India Warehousing Show Concludes with Record Participation

Hindustan Zinc Launches Inclusive Language Guide to Promote Workplace Diversity

BharatBenz Launches New Mining Range to Support India’s Infra Growth

Latest Updates

Advertisement

Recommended for you

Advertisement

Subscribe to Our Newsletter

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Modal Heading

First Name *

Last Name *

Industry *

Email Address *

Mobile Number *

Password *

Confirm Password *

Subscribe to our Newsletter

Email Address *

Password *

Please enter the details

Email Address

Modal Heading

First Name *

Last Name *

Industry *

Email Address *

Mobile Number *

Password *

Confirm Password *

Subscribe to our Newsletter

Email Address *

Password *

Please enter the details

Email Address