Foxconn Sees Potential To Invest Billions Of Dollars In India: Top Official
NDTV
During the presentation, CEO Young Liu pointed out that since Foxconn entered India, its revenue, number of employees, and investment scale have grown exponentially.
Taiwanese electronics manufacturing giant Foxconn sees potential of investing several billions of dollars in India if it gets to completely implement its plan, a top official of the company said.
Hon Hai Technology Group (Foxconn) Chairman and CEO Young Liu during the company's second quarter earnings call on Friday said that the company's Indian arm has achieved the turnover of close to USD 10 billion on an annual basis and there is a lot of investment potential in India.
"Foxconn annual revenue was USD 200 billion. From the perspective of India's potential market size and if we can fully implement our plans there, several billion dollars in investment is only the beginning." He said Foxconn operates about nine campuses in India.
