Young Liu: Foxconn chairman Young Liu to visit Bengaluru on Friday

The team had, on Wednesday, met top officials in Delhi and said it “looks forward to walking hand in hand to make semiconductors a success in the country.”

On Tuesday, Liu had met PM Narendra Modi, pledging to build an ecosystem in India which would allow all our stakeholders to “share, collaborate and thrive.”

The scheduled visit by the Foxconn team follows a meeting between a high-level delegation from Karnataka last month with Liu at New Taipei City in Taiwan.

Liu’s Karnataka visit comes a day after he inaugurated T-Works, India’s largest prototyping centre in Hyderabad on Thursday.

Liu and his team will arrive in Bengaluru by a special aircraft on Friday and leave the next day. A team of top officials from the state government will take the team on a walk-through of the new terminal at the airport and make a presentation on the cargo infrastructure available.

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The team will visit potential sites that the government could make available to the Taiwanese giant for investment.The government will later make a presentation about the state’s strengths and its investment policies.

Chief Minister Basavaraj Bommai will also host dinner for the team.

The government will do all it can including providing land, extending support and facilitations to host a Foxconn factory, a top official told ET.

An investment by Foxconn, the state believes, would help it attract other frontline global electronics companies. It was speculated that the company may get into electronic items including smart wearables and semiconductor manufacturing.

Foxconn is the world’s largest electronics manufacturer, with total revenue exceeding NT$ (NT$ (New Taiwan dollar) 6 trillion in 2022. As of last year, it ranks 20th in the Fortune Global 500.

The company has 173 campuses and offices in 24 countries/ regions around the world.

Foxconn is one of Apple’s contract manufacturers which already has manufacturing facilities in Tamil Nadu and Andhra Pradesh.

Foxconn’s increased India push is triggered by a strong domestic demand for iPhones as well as a surge in exports from India led by the overall diversification of global supply chains away from China.

Last year, Foxconn also announced an infusion of $500 million into its India unit. As per a stock exchange filing in Taiwan, Foxconn said its Singapore subsidiary is deploying the capital into the India entity, Hon Hai Technology India Mega Development Private Limited.

In December 2021, Apple placed the Foxconn plant in Chennai on probation after a food poisoning incident led to protests at the plant and its temporary closure.

ET had reported that the infrastructure at the hostels – which housed almost 12,000 of its workers at the time – was being upgraded at a feverish pace and that Apple had mandated the living conditions of the hostels of the company were to be improved significantly.

The team had, on Wednesday, met top officials in Delhi and said it “looks forward to walking hand in hand to make semiconductors a success in the country.”

On Tuesday, Liu had met PM Narendra Modi, pledging to build an ecosystem in India which would allow all our stakeholders to “share, collaborate and thrive.”

The scheduled visit by the Foxconn team follows a meeting between a high-level delegation from Karnataka last month with Liu at New Taipei City in Taiwan.

Liu’s Karnataka visit comes a day after he inaugurated T-Works, India’s largest prototyping centre in Hyderabad on Thursday.

Liu and his team will arrive in Bengaluru by a special aircraft on Friday and leave the next day. A team of top officials from the state government will take the team on a walk-through of the new terminal at the airport and make a presentation on the cargo infrastructure available.

Discover the stories of your interest

The team will visit potential sites that the government could make available to the Taiwanese giant for investment.The government will later make a presentation about the state’s strengths and its investment policies.

Chief Minister Basavaraj Bommai will also host dinner for the team.

The government will do all it can including providing land, extending support and facilitations to host a Foxconn factory, a top official told ET.

An investment by Foxconn, the state believes, would help it attract other frontline global electronics companies. It was speculated that the company may get into electronic items including smart wearables and semiconductor manufacturing.

Foxconn is the world’s largest electronics manufacturer, with total revenue exceeding NT$ (NT$ (New Taiwan dollar) 6 trillion in 2022. As of last year, it ranks 20th in the Fortune Global 500.

The company has 173 campuses and offices in 24 countries/ regions around the world.

Foxconn is one of Apple’s contract manufacturers which already has manufacturing facilities in Tamil Nadu and Andhra Pradesh.

Foxconn’s increased India push is triggered by a strong domestic demand for iPhones as well as a surge in exports from India led by the overall diversification of global supply chains away from China.

Last year, Foxconn also announced an infusion of $500 million into its India unit. As per a stock exchange filing in Taiwan, Foxconn said its Singapore subsidiary is deploying the capital into the India entity, Hon Hai Technology India Mega Development Private Limited.

In December 2021, Apple placed the Foxconn plant in Chennai on probation after a food poisoning incident led to protests at the plant and its temporary closure.

ET had reported that the infrastructure at the hostels – which housed almost 12,000 of its workers at the time – was being upgraded at a feverish pace and that Apple had mandated the living conditions of the hostels of the company were to be improved significantly.