Foxconn To Set Up Manufacturing Plant In Navi Mumbai
Taiwanese multinational electronics contract manufacturing company, Foxconn will reportedly commence its mobile manufacturing plant in Navi Mumbai in August.
Foxconn will initially make mobile phones at a 2 lakh square feet facility in Navi Mumbai and later laptops and computers, said Apurva Chandra, Principal Secretary – Industries, Maharashtra government.
“Foxconn has taken a rented premise in Navi Mumbai. They have taken 2 lakh square feet. They have (set up) their mobile manufacturing facility (there). And probably, as we are told, first week of August they are going to launch mobiles from this facility,” PTI report published in Economic Times quoted him as saying.
The rented premise is a temporary facility and the company is looking at 1,200 acres of land in Maharashtra for a new multi-billion dollar factory. Foxconn had recently announced plans to make India a key global manufacturing hub for servicing markets across Africa and West Asia.
Chandra said Foxconn has indicated plans to start with manufacturing mobile phones and later laptops and computers.
The Taiwan-based firm, which manufactures for a host of global device brands like Apple, BlackBerry, Amazon, Motorola, Xiaomi and Sony, has the bulk of its factories in China. It also has plants in Asia, Europe, Brazil and Mexico which together assemble about 40 per cent of all consumer electronics products sold globally. It has 12 factories in nine Chinese cities, the most in any country.
Foxconn announced a plan to invest $5 billion in Maharashtra in August last year and has set up its corporate office in the World Trade Centre at Cuffe Parade in Mumbai.