Foxconn, the world's largest electronics manufacturer, has seen its India operations flourish, crossing ₹83,000 crore ($10 billion) in business by 2024.
Initially investing ₹11,620 crore, the company now employs around 48,000 people, with 70% being women. Foxconn's success in India is a result of shifting operations from China, motivated by rising labor costs and supply chain issues, along with strong support from the Indian government's 'Make in India' initiative. Chairman Young Liu highlighted the company's commitment to India's growth and its continued expansion in Tamil Nadu, Karnataka, and Telangana.