Foxconn rumored to be re-entering India with new manufacturing facilities

Foxconn rumored to be re-entering India with new manufacturing facilities
Foxconn, the contract manufacturer known for its assembly of many smartphones including the Apple iPhone, is rumored to be planning a return to India. A report published today cites Devendra Fadnavis, India's Chief Minister of the state, who confirmed that Foxconn will invest a large sum of cash in either Pune or Aurangabad. Fadnavis recently visited China with Prime Minister Narendra Modi.

Other areas in the country rumored to be a possible host for a Foxconn facility include Gujarat, Noida, and Andhra Pradesh. This all dovetails with a "Made in India" program that the current government has pushed since its last political campaign. And the answer to the obvious question is yes, if the factories are built, you could end up with an iPhone manufactured in India.

To show how serious Foxconn is about opening these plants in India, it has hired former Nokia executive Josh Foulger, who was involved in setting up Nokia's manufacturing facility in Chennai. You might recall that the Nokia factory became a hostage last year in a three-way battle between Nokia, Microsoft and the Indian courts. The Chennai plant was supposed to be turned over to Microsoft as part of its acquisition of Nokia Devices and Services. But Indian regulators refused to approve the factory's change in ownership until Nokia paid a huge tax bill covering back taxes on a large number of handsets that were sold. Eventually, the plant was closed along with Foxconn's facilities in the country.

source: BGR



7. Chuck007

Posts: 1422; Member since: Mar 02, 2014

That's great. Even though I am in Hong Kong (technically China) I've had enough of China grabbing the world by the balls. Time to move more manufacturing out of the country.

6. frederick333123

Posts: 76; Member since: Jun 15, 2013

this is great news....thanks to Narendra Modi..

5. mrej201

Posts: 226; Member since: Feb 04, 2015

No they can have some Indian slaves

4. gaara6775

Posts: 738; Member since: May 20, 2014

Yes please come to Pune so i can apply for job.

2. Mfa901

Posts: 291; Member since: Jul 14, 2012

hope this will reduce phones price in our country :p

3. Tritinum

Posts: 471; Member since: May 06, 2014

haha what a joke

1. waddup121 unregistered


8. rihel_95

Posts: 305; Member since: Mar 21, 2012

Hey Alan, in Second para,it should have been "Make in India" program. (Not "Made in India" ) You can to learn more about govt's initiatives. :) PS - I was hoping FOXCONN to buy out that unused NOKIA plant in Chennai...

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