Foxconn Doubling the Employees Count: To Manufacture Apple’s Iphone spare parts!!! Foxconn formally Hon Hai Precision Industry Co., Ltd., trading as Foxconn Technology Group an Taiwanese multinational electronics contract manufacturer, who is currently manufacturing Apple mobile spare in Tamil Nadu. Now the Foxconn issued announced to double their employees count in Chennai plant.
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The Tamil Nadu government also given approval to use additional 40 acres land inside to Foxconn plant to create Apple mobile spare parts. Few days before the company has been sued by their employees because of food positioning at their hostels. Then Tamil Nadu involved in the issued and solved it smoothly.
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Now the Foxconn is building a bigger and better hostel in Chennai. Now the expansion of Foxconn is only is cards. “The expansion has been on the cards. A portion of their premises has been denotified to ramp up production, for which they need to increase their workforce,” the board said. Companies that operate in special economic zones (SEZs) can produce for the local market by applying for denotification of portions of their factory as domestic tariff area (DTA).
Foxconn’s interest to scale up investments in India is in line with other Taiwanese companies that are eyeing other Southeast Asian countries, apart from China, to expand their manufacturing footprint, foreign policy expert Sana Hashmi told ET.
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