Foxconn Chairman speaks to Prime Minister Modi, MeitY and Vedanta Group

Foxconn Chairman Young Liu met Prime Minister Narendra Modi on Thursday at a time when the Taiwanese electronics contract manufacturing major has plans to expand its manufacturing footprint in India beyond electronics to semiconductors and electric vehicles (EVs).

Liu’s visit comes a day after ET reported that the contract phone maker for Apple was looking at making electric vehicles in India as part of a larger diversification plan to expand its Asian manufacturing supply chain beyond China.

“I welcome their (Foxconn’s) plans for expanding electronics manufacturing capacity in India, including in semiconductors. Our push for EV manufacturing is in line with our commitment of Net Zero Emission,” PM Modi said in a Twitter post on June 23.