Foxconn considering skill building institute in India

Chennai: Foxconn is mulling setting up a skill development centre in India, possibly similar to its Hon Hai Research Institute in Taiwan, as the contract manufacturing company is building an ecosystem to support expansion of its production base here, people aware of the plan told ET.

The idea was discussed by Andy Lee, the chief executive of its Foxtron electric vehicle venture, in the presence of Foxconn chairman Young Liu and a cluster of states at a meeting organised last month when Liu was visiting India, they said. Foxtron is also looking to manufacture EVs in India.