India’s Market Allure Comes With Host of Challenges for Foxconn, Analysts Say
Foxconn Technology Group is facing challenges including supply chain and worker competency issues in India as it invests more in the country, which has its sights set on becoming one of the world’s top electronics manufacturers, analysts said.
Apple is betting bigger on the South Asian country, where Foxconn runs an iPhone assembly plant in the southern city of Chennai. The Taiwan-based contract manufacturer said it is injecting an additional $500 million into its Indian subsidiary to expand its manufacturing footprint in the country.
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