As Foxconn looks to up India play, 3 South states roll out red carpet
By
Binu Mathew
Two southern states — Tamil Nadu and Karnataka — on Saturday went all out to woo the chief executive officer and chairman of the Hon Hai Technology group (Foxconn), Young Liu, aiming to strengthen the group’s existing investment in these states and explore opportunities.
The company reportedly said it was looking beyond smartphones and considering segments like information communication technology (ICT), electric vehicles and related battery infrastructure, and digital health in India.