The 300-acre iPhone manufacturing facility located near Bengaluru’s airport is expected to generate 100,000 jobs.
V Lee, a Foxconn representative in India, said in a LinkedIn posting Sunday the Taiwanese company plans to double the size of its business in the South Asian country, as he congratulated Prime Minister Narendra Modi for his birthday. He didn’t give details. The investment plans of the Taiwanese company, also known for its flagship unit Hon Hai Precision Industry Co, include a 300-acre site close to the airport in Bengaluru, the capital of Karnataka, Bloomberg News previously reported. That plant is likely to assemble iPhones and expected to create about 100,000 jobs.
It’s a rethink of the global supply chain that’s accelerated during the pandemic and the war in Ukraine and could reshape the way global electronics are made.