Foxconn aims to increase Tamil Nadu iPhone factory workforce fourfold by late 2024.

Source: Google Photos

Foxconn is a company that makes electronic devices. They are going to build a new factory in Tamil Nadu, a state in India. This factory will produce parts for electronic devices and will create 6,000 new jobs for people in that area.

The company, called Foxconn Industrial Internet (FII), will invest around 16 billion Indian rupees (which is approximately $194.45 million) to build the factory in Kancheepuram district, near Chennai, the capital of Tamil Nadu. This new factory will be in addition to their current one near Chennai, where they make iPhones for Apple and have more than 35,000 employees.

The state government of Tamil Nadu will sign an agreement with Foxconn’s FII to finalize the deal. The government is very excited about this because it will make Tamil Nadu an important place for electronic manufacturing in India.

The new factory is expected to be finished by 2024. However, it’s not clear yet whether the parts produced there will be for iPhones, other companies, or a combination of both.

The chairman of Foxconn, Young Liu, who has been attending a semiconductor conference in India, will be at the signing ceremony along with the state’s chief minister.

Last year, there were reports that Foxconn plans to increase the number of workers at its iPhone factory in Tamil Nadu by four times by late 2024. This is because the company wants to reduce how much it relies on China for manufacturing.

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