Invest more in electronics, set EV shop in state: TN to Foxconn

As Apple Inc mulls shifting a significant portion of its operation from China to India, a high-level delegation from Tamil Nadu on Thursday met with the top management of Foxconn, one of the largest suppliers of the US-based electronics giant, to invest more in the state.

The delegation led by Additional Chief Secretary (Industries) S Krishnan and Pooja Kulkarni, MD & CEO, Guidance Tamil Nadu met Young Liu, CEO and Chairman of Hon Hai Technology Group (Foxconn) in Taipei, Taiwan’s capital city.

Highly-placed sources told DH that the government officials invited Foxconn to consider Tamil Nadu for their electric vehicles (EV) plans apart from expanding its facilities and investments in electronics, a significant portion of which is assembling iPhones.