Firms ramp up investments in India

‘MAKE IN INDIA’:Hon Hai, Inventec and Wistron have opened plants in India, although Inventec has opted to slow its expansion there to due to problems with infrastructure

Taipei Times
Date: Mar 30, 2016
By: Lauly Li / Staff reporter

Several Taiwanese electronics manufacturers plan to increase their investment in India this year, as they seek to take advantage of Indian Prime Minister Narendra Modi’s “Make In India” initiative to cultivate another source of revenue growth.

Hon Hai Precision Industry Co (鴻海精密), Inventec Corp (英業達), Compal Electronics Inc (仁寶) and Wistron Corp (緯創) have so far invested in new manufacturing plants in India.

Some of them are planning to expand production capacity there this year, company officials said.     [FULL  STORY]

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