Everyone knows the real hero who makes that fabulous finish up for iPhones and iPads. Foxconn, world’s largest contract manufacturer making iOS devices, Xiaomi’s MI s and Amazon’s Kindle, will soon kick start operations for making the Xiaomi phones in the old Pepsi building at Sri City in Andhra Pradesh.
Sri City Plant will now accommodate and run all the activities of Foxconn, with as many as 10,000 units of phones every single day. Taiwan’s happening electronic giant had been planning to set up close to 12 factories in India alone, with a workforce of a minimum head count coming to 10,000. The plans are set to kick start with an initial investment of $2 billion over the next five years.
SoftBank announced a joint venture with Foxconn and Bharti Enterprises on 23rd June, in renewable energy with an investment of $20 billion over ten years.
Foxconn flaunts an elite list of client names, including Dell, Microsoft, HP and Cisco, apart from the famous tie up globally known with Apple.
“India is the top priority now for the company, which is why Foxconn is already holding talks with several State Governments” confirmed a resource. Various first round interviews are being held with other states such as Gujarat, Maharashtra, Karnataka and UP.