Foxconn business in India crosses $10 bn mark; invests $1.4 bn till date

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iPhone contract manufacturer Foxconn's business in India has grown to over USD 10 billion till 2024, its chairman Young Liu said here.

This is Liu's first visit to India after he was conferred Padma Bhushan, the third-highest civilian award, on the eve of the 75th Republic Day this year.

Liu, a Padma Bhushan awardee, said that during his current visit to the country he met chief ministers of several states and feels that India is on the rise.

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Category: BusinessFinance

Markets: IndiaTaiwan

Topics: IPhone Karnataka State Industries Promotion Corporation Young Liu Tamil Nadu M K Stalin Electronics Padma Bhushan Foxconn factory Contract manufacturer Prime Minister Republic Day Tamil Nadu plant Chairman IPhone Foxconn's plant Nadu Chief Minister Foxconn Factoring Major Narendra Modi Electronic Component Videotelephony

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-18 @ 16:51:11 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 612 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 22123178

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