Foxconn, a prominent electronics manufacturer based in Taiwan, is set to invest Rs 15,000 crore in Tamil Nadu, which will generate 14,000 new jobs in the region, according to TRB Rajaa, the Industries Minister of Tamil Nadu. The announcement came during a meeting between Tamil Nadu Chief Minister MK Stalin and Foxconn’s India representative, Robert Wu, who affirmed their confidence in Tamil Nadu. The investment will focus on advanced manufacturing, research and development (R&D), and AI-driven technology. Additionally, a dedicated Foxconn Desk will be established in Tamil Nadu to facilitate project acceleration and enhance coordination. Foxconn is rapidly expanding its presence in India, with investments in Tamil Nadu, Karnataka, and other states.
As a key supplier for Apple, these initiatives will assist Apple in decreasing its reliance on China. In August 2025, Foxconn commenced production of the iPhone 17 at its new facility located near Bengaluru airport, a $2.8 billion investment, making it Foxconn’s second-largest factory outside of China.