A slew of Indian states are wooing Foxconn to set up its proposed electric vehicle factory in their jurisdictions as the Taiwanese manufacturer\u2019s chief executive Young Liu displayed strong intent to redouble its investments in the country during his visit last week in a bid to deepen his firm\u2019s global supply chain systems.
\nA senior bureaucrat who was part of his state\u2019s delegation that met Liu said, \u201cit was an opportunity to understand Foxconn\u2019s priorities on its India manufacturing agenda, and their work plan.\u201d Noting that the Taiwanese major is \u201clooking at a basket of products; EVs is one among them, advanced communication equipment is another, and there are several more,\u201d he told ET.
\n\u201cThey (Foxconn) also have a short list of states. I don\u2019t think they will implement all these projects in one state,\u201d he added. Tamil Nadu, where Foxconn currently operates manufacturing units for Apple iPhones and other brands like Xiaomi, has suggested the Taiwanese major take over a 350-acre factory due to be shuttered by American car maker Ford, sources said.<\/p>\n","protected":false},"excerpt":{"rendered":"
A slew of Indian states are wooing Foxconn to set up its proposed electric vehicle factory in their jurisdictions as the Taiwanese manufacturer\u2019s chief executive Young Liu displayed strong intent to redouble its investments in the country during his visit last week in a bid to deepen his firm\u2019s global supply chain systems. A senior bureaucrat who was part of his state\u2019s delegation that met Liu said, \u201cit was an opportunity to understand Foxconn\u2019s priorities on its India manufacturing agenda, and their work plan.\u201d Noting that the Taiwanese major is \u201clooking at a basket of products; EVs is one among […]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-500866","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/500866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=500866"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/500866\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=500866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=500866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=500866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}