- Advertisement -
NEW DELHI: Taiwanese electronics manufacturing large Foxconn sees potential of investing a number of billions of {dollars} in India if it will get to fully implement its plan, a high government of the corporate stated.
Hon Hai Technology Group (Foxconn) chairman and CEO Young Liu throughout the firm’s second quarter earnings name stated the corporate’s Indian arm has achieved a turnover of shut to $10 billion on an annual foundation and that there’s nice funding potential in India.
He stated Foxconn operates about 9 campuses in India. “The turnover is roughly $10 billion annually,” Liu stated. He stated questions round India have been arising throughout buyers’ calls because the final two quarters, which signifies there’s a constructive power in the nation. “Our capex this year will grow from last year,” Liu stated.
- Advertisement -