PM Modi meets Foxconn chief, hails manufacturing plans for India

Prime Minister Narendra Modi on Thursday met Taiwan-based manufacturing giant Foxconn’s Chairman Young Liu and hailed the company’s electronics manufacturing plans in the country.

“Glad to meet Mr. Young Liu, Chairman, Foxconn. I welcome their plans for expanding electronics manufacturing capacity in India, including in semiconductors,” Modi said in a tweet.

The Taiwan-based company is also planning to set up an EV manufacturing plant in India.

Foxconn’s EV manufacturing arm, Foxtron, is planning to set up manufacturing plants at various locations in southeast Asia, including India.