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Foxconn Starts Manufacturing Smartphones in India Amid Modi Push
Foxconn Technology Group has started making and shipping smartphones for China’s Xiaomi and US's InFocus at its new plant in Andhra Pradesh.
Foxconn Technology Group started making its first smartphones in India as part of the Taiwanese company’s plan to expand in the South Asian nation.
Production has started in Andhra Pradesh state in the nation’s south east, Foxconn spokesman Louis Woo said, declining to comment further. Models for clients Xiaomi Corp. and InFocus Inc. have started shipping from a facility in Sri City according to a person familiar with the matter who asked not to be identified because it’s not been officially announced.
Foxconn is looking to expand in India amid Prime Minister Narendra Modi’s drive to boost manufacturing in Asia’s third-largest economy. Billionaire chairman Terry Gou, whose business empire gets half its revenue from Apple Inc., expects to open as many as 12 factories and create one million jobs in India by 2020, Foxconn said in a statement citing Gou.
FIH Mobile Ltd., Foxconn’s phone manufacturing unit, expects to have multiple manufacturing sites in India, with none employing more than 10,000 people, the company said in May. FIH Mobile said at the time the first India-made phone would be manufactured by the end of the year.
Xiaomi, China’s largest smartphone maker and FIH’s largest customer, has plans to manufacture in India through a partner and will probably make an announcement about its plans there in the next few months, Hugo Barra, vice president of Xiaomi’s global operations, said in an interview this month.
The Sri City unit - called Rising Star - will make about 10,000 phones a day, which is fairly small compared to Foxconn's much larger units in China. It has been set up at an investment of Rs 77 crore.
A Xiaomi spokeswoman declined to comment on India production. InFocus public relations representatives in Taipei didn’t return calls or an e-mail seeking comment.
Source:- Foxconn Starts Manufacturing Smartphones in India Amid Modi Push - Bloomberg Business
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