– Foxconn is planning to set up a Battery Energy Storage System unit in India, focusing on the electric vehicle segment.
– The company’s information and communication technology segment has just started in India, with plans to expand into the country’s future industries.
– Foxconn’s “3+3 strategy” prioritises electric vehicles, digital health, and robotics industries for growth.
– The company has invested $10 billion in India so far and plans for more investment in the coming year.
– Foxconn has also proposed setting up an electric vehicle unit in the country, with production expected to start soon.