Towering ambitions: Foxconn’s expanding footprint in India
By
CS Mathew
Global revenue of Foxconn, the planet’s biggest contract manufacturer of electronic gadgets: $198 billion in 2023. Odds are mighty high that the latest six-figure iPhone or very soon even the Google Pixel that amps up your swag quotient might owe its existence to a Foxconn shopfloor. And yet, the story began rather modestly in India, 18 years ago. But lately, as India climbs the affordability and style quotient ladder, the Taiwanese major is pumping in billions to expand its manufacturing footprint in the country.