Foxconn Aims To Double Jobs, Investment In India Over Next 12 Months

Foxconn already has an iPhone factory in the state of Tamil Nadu, which employs 40,000 people.

Apple supplier Foxconn aims to double its workforce and investment in India by next year, a company executive said on Sunday.

Taiwan-based Foxconn, the world's largest contract manufacturer of electronics, has rapidly expanded its presence in India by investing in manufacturing facilities in the south of the country as the company seeks to move away from China.

V Lee, Foxconn's representative in India, in a LinkedIn post to mark Indian Prime Minister Narendra Modi's 73rd birthday, said the company was "aiming for another doubling of employment, FDI (foreign direct investment), and business size in India" by this time next year.