Foxconn, Wistron need state and district administration nod to open manufacturing in Tamil Nadu and Karnataka
Industrial activity is at best limited a week after the Centre allowed some economic operations to resume. Lack of local clearances, shortage of workers and raw materials, piled up inventory and regulatory confusion are all contributing to Indian business still remaining largely locked down.
Foxconn and Wistron have suspended production. They face shortage of imported parts such as PCBs, chips and displays. Production of medical electronics is also hampered by absence of critical imported spares. Plants of Samsung, LG, Vivo, Oppo, Realme, OnePlus, Godrej Appliances and Panasonic remain shut.
Foxconn and Wistron need state and district administration clearances to open manufacturing in Tamil Nadu and Karnataka, respectively.