Prime Minister Narendra Modi on Wednesday met Young Liu, the Chairman of Hon Hai Technology Group (Foxconn).
During the meeting, PM Modi highlighted the wonderful opportunities India offers in futuristic sectors. They also had excellent discussions on their investment plans in India in various states.
Foxconn, as one of the world’s largest electronics contract manufacturers, plays a crucial role in assembling a significant portion of Apple’s products, most notably the iconic iPhone.
“Wonderful to meet Mr. Young Liu, the Chairman of Hon Hai Technology Group (Foxconn). I highlighted the wonderful opportunities India offers in futuristic sectors. We also had excellent discussions on their investment plans in India in states like Karnataka, Tamil Nadu and Andhra Pradesh,” PM Modi wrote on X.
Wonderful to meet Mr. Young Liu, the Chairman of Hon Hai Technology Group (Foxconn). I highlighted the wonderful opportunities India offers in futuristic sectors. We also had excellent discussions on their investment plans in India in states like Karnataka, Tamil Nadu and Andhra… pic.twitter.com/5tT4xfF51u— Narendra Modi (@narendramodi) August 14, 2024
Foxconn has been a crucial partner for Apple in its manufacturing operations, and their relationship is increasingly focused on India.
The Taiwanese giant has made significant investments in India to expand its manufacturing facilities, specifically targeting Apple products.
In 2023, PM Narendra Modi met with Liu in Gandhinagar and expressed enthusiasm for the company’s plans to expand semiconductor and chip manufacturing operations in India. Liu, a participant in the three-day SemiconIndia 2023 conference, reaffirmed Taiwan’s position as India’s most trusted and reliable partner.
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