Foxconn Group, the world’s largest electronics contract manufacturer, plans to invest ₹15,000 crore in Tamil Nadu, generating 14,000 high-value jobs, said the state’s Industries Minister, TRB Rajaa. The minister added that this marks the largest-ever investment for engineering jobs in the state and will provide a major boost to Tamil Nadu’s electronics and advanced manufacturing sector.
“Largest ever #engineering #JobsForTN commitment for Tamil Nadu ! #Foxconn commits Rs 15,000 crore in investments and 14,000 high value jobs! Engineers get ready!,” Rajaa said in a post on X.
The minister also said that the state’s investment promotion agency, Guidance Tamil Nadu, will establish a dedicated desk for the Taiwanese company to ensure faster regulatory approvals, seamless project facilitation and mission-mode execution. The investment announcement came after a meeting in Chennai between Tamil Nadu Chief Minister M.K. Stalin and Foxconn’s India representative, Robert Wu.
Foxconn Group entered India in 2017, beginning with iPhone assembly in Sriperumbudur, Tamil Nadu. Today, it runs at least 12 factories across the country, producing a variety of Apple Inc. products, including the latest iPhones, AirPods, and their packaging, USB-C cables, and charging bricks.
