Hon Hai planning Indian expansion in 6 months: reports

Taiwan News
Date: 2016-01-14
By: By Jalen Chung and Frances Huang, Central News Agency

Taipei, Jan. 14 (CNA) Hon Hai Precision Industry Co. (鴻海), the world’s largest contract electronics maker, is planning to expand its production facilities in India in six months in a bid to turn its production base there into a hub of the Taiwanese firm’s global presence, Indian media said Thursday.

According to the Hindustan Times, Hon Hai is looking to extend its presence in India to new states.

Currently, Hon Hai operates facilities at Sri City in Andhra Pradesh, Sriperumbudur in Tamil Nadu and Navi Mumbai in Maharashtra. The Taiwanese manufacturing giant is in the process of setting up a new plant in Maharashtra.

Indian media have recently reported that Hon Hai has teamed up with Chinese smartphone brands such as OnePlus, Gionee, Xiaomi and OPPO, as well as Japan’s Sony and Taiwan’s Asustek Computer Inc. (華碩), to produce devices at its production bases in India.     [FULL  STORY]

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