Economy & Business

    Foxconn plans to apply separately for chip manufacturing unit in India

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    Nidhi Khurana
    July11/ 2023
    Last Updated:

    New Delhi: Foxconn, a Taiwanese electronics manufacturing behemoth, announced on Tuesday that it is working on submitting a second application to set up a semiconductor manufacturing plant in India.

    It claims to be surveying the terrain in search of the most suitable project collaborators.

    Foxconn is preparing a submission for the Modified Programme for Semiconductors and Display Fab Ecosystem. Foxconn said in a statement, "We have been actively reviewing the landscape for optimal partners."—Inputs from Agencies