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[[Foxconn]], formally known as [[Hon Hai Precision Industry Co., Ltd.]], is a multinational electronics contract manufacturer headquartered in [[Taiwan]]. In recent years, Foxconn has been diversifying its operations in [[India]], aiming to become a key player in the country's growing electronics and manufacturing sectors.<ref>{{cite web |title=Foxconn may soon start making iPhone 15 Plus models in India |url=https://timesofindia.indiatimes.com/gadgets-news/foxconn-may-soon-start-making-iphone-15-plus-models-in-india/articleshow/103670641.cms |publisher=Times of India}}</ref>

== Manufacturing Operations ==
Foxconn has established a manufacturing facility in [[Tamil Nadu]], where it has initiated the production of iPhone 15 models. This move is part of Foxconn's broader strategy to make India a new global manufacturing hub, aligning with the Indian government's [[Make in India]] initiative.<ref>{{cite web |title=Foxconn starts making iPhone 15 in Tamil Nadu |url=https://timesofindia.indiatimes.com/business/india-business/foxconn-starts-making-iphone-15-in-tamil-nadu/articleshow/102786101.cms?from=mdr |publisher=Times of India}}</ref><ref>{{cite web |title=India to be new manufacturing centre: Foxconn chief |url=https://timesofindia.indiatimes.com/business/india-business/india-to-be-new-manufacturing-centre-foxconn-chief/articleshow/103447192.cms?from=mdr |publisher=Times of India}}</ref>

== Investments ==
Foxconn has made significant investments in India, including a commitment of Rs 4,100 crore for the establishment of two new factories. Additionally, the company has invested Rs 8,800 crore in a new [[IPhone]] manufacturing plant located in [[Karnataka]]. These investments are expected to create numerous jobs and contribute to the local economy.<ref>{{cite web |title=Apple-supplier Foxconn to invest Rs 4,100 crore for two factories in India |url=https://www.livemint.com/companies/news/applesupplier-foxconn-to-invest-rs-4-100-crore-for-two-factories-in-india-11690851224222.html |publisher=Livemint}}</ref><ref>{{cite web |title=Foxconn to set up new Rs 8,800 crore iPhone manufacturing plant in Karnataka |url=https://www.livemint.com/news/india/foxconn-to-set-up-new-rs-8-800-crore-iphone-manufacturing-plant-in-karnataka-heres-what-we-know-so-far-11689592460385.html |publisher=Livemint}}</ref>

== Partnerships and Collaborations ==

=== Semiconductor Manufacturing ===
Foxconn has been exploring partnerships in the semiconductor sector. It is in advanced talks with [[Taiwan Semiconductor Manufacturing|Taiwan Semiconductor Manufacturing Co]] (TSMC) and Japan's TMH Group to establish semiconductor fabrication units in India. These collaborations come after Foxconn ended its joint venture with [[Vedanta Resources|Vedanta]].<ref>{{cite web |title=Foxconn may partner with TSMC and TMH to set up fab units |url=https://economictimes.indiatimes.com/tech/technology/foxconn-may-partner-with-tsmc-and-tmh-to-set-up-fab-units/articleshow/101737416.cms?from=mdr |publisher=Economic Times}}</ref><ref name="auto">{{cite web |title=Foxconn pursues India incentive despite withdrawing from Vedanta venture |url=https://techcrunch.com/2023/07/10/foxconn-pursues-india-incentive-despite-withdrawing-from-vedanta-venture/ |publisher=TechCrunch}}</ref>

=== Electric Vehicles ===
Foxconn is also venturing into the [[Electric vehicle]] (EV) market in India. The company is considering setting up an EV manufacturing facility in [[Tamil Nadu]], which could potentially revolutionize the Indian automotive industry.<ref>{{cite web |title=Foxconn planning to make EVs in India, Tamil Nadu on radar |url=https://auto.economictimes.indiatimes.com/news/industry/foxconn-planning-to-make-evs-in-india-tamil-nadu-on-radar/103456196 |publisher=Economic Times Auto}}</ref>

== Challenges and Controversies ==
Foxconn's journey in India has not been without challenges. The company initially partnered with [[Vedanta Resources|Vedanta]] for semiconductor manufacturing but later withdrew from the venture due to undisclosed reasons. Foxconn is currently exploring new partnerships to continue its semiconductor initiatives in India.<ref name="auto"/><ref>{{cite web |title=Foxconn finds a new partner to build chip plant in India after parting ways with Vedanta |url=https://www.businesstoday.in/latest/corporate/story/foxconn-finds-a-new-partner-to-build-chip-plant-in-india-after-parting-ways-with-vedanta-report-397358-2023-09-07 |publisher=Business Today}}</ref>

=== See Also ===

* [[Make in India]]
* [[Semiconductor industry in India]]

=== References ===
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Foxconn in India - Revision history

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