Manufacturing giant Hon Hai Precision Industry Co (鴻海管理) said on Thursday that the company has received a commitment from Tamil Nadu to fully support its investments in the southern Indian state.
Hon Hai, the parent company of Foxconn Technology Group, said company chairman Young Liu on Thursday hosted a delegation from Tamil Nadu, led by S. Krishnan, additional chief secretary of the Tamil Nadu Industries Department, at the company’s headquarters in Tucheng, New Taipei City. District (Tucheng).
In a statement, Hon Hai said the Indian delegation expressed its gratitude to the company for its investment in the Indian state and pledged to continue its support for more investments from the firm.
Photo: AFP
Guidance Tamil Nadu, the Tamil Nadu government’s investment promotion agency, tweeted that the delegation “discussed in detail Foxconn’s plans for new ventures and investments, especially in emerging sectors and offered the government’s full support to the company in the state”.
Hon Hai, an Apple iPhone assembler, said the company has had a foothold in Tamil Nadu for more than a decade.
Earlier this month, Apple Inc announced that Hon Hai’s manufacturing sites in Tamil Nadu have been named part of the US tech giant’s list of suppliers for fiscal year 2021, along with other iPhone assembly complexes in Guangdong, Henan , Hubei, Jiangsu, Shaanxi, Sichuan of China. and Zhejiang, Amazonas, and Sao Paulo provinces of Brazil, the US states of California and Texas, and Bac Giang Province of Vietnam.
Indian news media reported late last month that Apple, which accounts for more than 40 percent of Hon Hai’s total sales, confirmed that the automaker would begin rolling out the iPhone 14s at its plant in Tamil Nadu. Hon Hai assembled earlier versions of the iPhone in the Indian state, reports said.
The Tamil Nadu delegation arrived in Taiwan on Tuesday. They held an investment roundtable forum on Wednesday with the Taiwan Technical Textile Association and the Taiwan Electrical and Electronics Manufacturers Association.
Before leaving Taiwan tomorrow, the delegation will visit Taiwanese suppliers of electronics, electrical engineering, textiles, footwear and computer numerical control equipment to establish closer industrial cooperation
During the National Dual Day celebration held by the representative office of the Republic of China in Chennai on October 6, Krishnan said that Taiwan is one of the top five foreign investors in Tamil Nadu along with the US, Japan, South Korea and Singapore.
The Chennai office said 25 Taiwanese companies have invested in Tamil Nadu, with their combined investments reaching $2 billion ($62 million).
Comments will be moderated. Keep comments about the article. Comments that contain offensive and obscene language, personal attacks of any kind or promotion will be removed and the user will be banned. The final decision will be at the discretion of the Taipei Times.
