Foxconn targets 10-12 facilities in India by 2020: Chairman

Says company could spend a few billion dollars on developing the facilities

Reuters GUIYANG, China
Last Updated : May 26 2015 | 7:50 PM IST

Taiwan's Foxconn Technology Group, the world's largest contract electronics manufacturer, is aiming to develop 10-12 facilities in India, including factories and data centres, by 2020, company Chairman Terry Gou said on Tuesday.

The company could spend a "few billion dollars" on developing the facilities, said Gou, whose company's listed flagship unit is Hon Hai Precision Industry Co Ltd.

Gou was speaking in an interview on a bus on the outskirts of Guiyang in China's southern Guizhou province, where the company has a manufacturing facility.

 

 

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First Published: May 26 2015 | 5:20 PM IST

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