Foxconn Plans Major India Expansion, Doubling Workforce and Investment By 2023
-
Apple supplier Foxconn aims to double its workforce and investment in India by next year.
-
Foxconn already has an iPhone factory employing 40,000 people in Tamil Nadu.
-
In August, Foxconn said it will invest $600 million for two projects in Karnataka.
-
India is expected to assemble up to 50% of Apple's iPhones by 2027.
-
Foxconn's billionaire founder Terry Gou said he would run for the Taiwanese presidency in next year's election.
![](https://cdn.i-scmp.com/sites/default/files/styles/og_image_scmp_generic/public/d8/images/canvas/2023/09/17/fe06aa7a-c91c-492a-b9df-d9ecbe226f4f_5e67bd45.jpg?itok=_r6s3Uc6&v=1694963324)