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India important for future mfg: Foxconn

September 09, 2023

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The Business Guardian

India's trajectory as a manufacturing powerhouse in the electronics and hi-tech sectors is increasingly gaining global attention and validation. Young Liu, the Chairman and CEO of Hon Hai Technology Group, widely known as Foxconn, has joined the chorus of global voices recognizing India's pivotal role in the future of manufacturing. His comments underscore the vast potential and opportunities that India presents to the world, particularly in the realm of electronics and advanced technology.

India important for future mfg: Foxconn

Speaking during an interaction with reporters in Taipei, Liu expressed optimism about India's manufacturing prospects. He highlighted the development of India's entire ecosystem and industrial chain, emphasizing the immense opportunities it offers. According to Liu, unless there are significant disruptions, India is poised to become a crucial player in the global manufacturing landscape. This acknowledgment from the head of Foxconn, one of the world's largest electronics manufacturers, carries significant weight and underscores India's growing prominence on the global stage.

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