Foxconn’s Massive Investment Plans for India

Taiwanese electronics manufacturer Foxconn has expressed confidence in the Indian market as it plans to invest billions of dollars in the country. Despite exiting a major chipmaking joint venture, Foxconn sees India as a key market for its business expansion, particularly in the production of consumer electronics components and electric vehicles (EVs). With its extensive operations and more than 30 factories already in India, Foxconn believes it has only scratched the surface of the country’s potential.