Foxconn expands in Sriperumbudur, takes 20-acre land for new hostel

State industrial promotion group and Tata Electronics making investments for expanding in the region too

Taiwan’s Foxconn, iPhone-maker Apple’s contract manufacturer, has acquired 20 acres of land and is building a workers' hostel near its facility in Tamil Nadu’s Sriperumbudur, said sources amid reports that the American company plans tripling its smartphone production in India.

An industry source told Business Standard that Foxconn plans to increase staff at the Sriperumbudur unit from 15,000 to around 18,000 in the immediate future, amid media reports that the new hostel coming up in 18 months will serve around 60,000 workers.

The State Industries Promotion Corporation of Tamil Nadu (Sipcot) is also building hostels in the Sriperumbudur region. Sources said