Established in Taiwan in 1974, The world’s largest electronics manufacturer, Hon Hai Technology Group (Foxconn) is planning to double its workforce in India.
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Foxconn is also the leading technological solution provider, and it continuously leverages its expertise in software and hardware to integrate its unique manufacturing systems with emerging technologies.
V Lee, Foxconn Representative in India, said in a LinkedIn post, wishing Prime Minister Narendra Modi on his birthday, “Under your leadership, Foxconn has grown smoothly and rapidly in India. We will work even harder to present you with a greater birthday gift next year, aiming for another doubling of employment, FDI, and business size in India.”
He did not give more details. Foxconn already has an iPhone factory in the state of Tamil Nadu, which employs 40,000 people.
The company has rapidly expanded its presence in India by investing as part of its supply chain diversification from China.
The company has established R&D and manufacturing centers in other markets around the world including China, India, Japan, Vietnam, Malaysia, Czech Republic, U.S. and more.
With a focus on research and development, the company owns more than 54,253 patents. In addition to maximizing value-creation for customers who include many of the world’s leading technology companies, Foxconn is also dedicated to championing environmental sustainability in the manufacturing process and serving as a best-practices model for global enterprises.
The company has received widespread international accolades and recognition since its establishment.
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The company ranked 22nd on the Fortune Global 500 rankings in 2021 and 25th in the Top 100 Digital Companies in the Forbes ranking of the World’s Best Employers in 2019.
Moreover, on Forbes’ World’s Best Employers 2021 rankings, the company ranked 1st in Taiwan. Foxconn is also the only Taiwanese private company awarded for 5 consecutive years of Clarivate Top 100 Global Innovators (2018 – 2022).