Explorer

Foxconn Considering First Manufacturing Hub In North India, Eyes 300-Acre Plot In Greater Noida: Report

Discussions with the Uttar Pradesh government are currently in their early stages, and the company is yet to determine which products would be manufactured at the new site, the report noted.

Taiwanese electronics manufacturing giant Foxconn is reportedly exploring a new facility in Greater Noida, marking what could be its first major venture in North India.

According to The Economic Times, the company is considering a sizeable 300-acre parcel of land along the Yamuna Expressway. This proposed development, if finalised, could potentially surpass the scale of Foxconn’s under-construction unit in Bengaluru.

Discussions with the Uttar Pradesh government are currently in their early stages, and the company is yet to determine which products would be manufactured at the new site, the report noted. If approved, the move would significantly expand Foxconn’s presence in India, aligning with its larger objective of diversifying manufacturing operations across the country.

Strategic Location and Infrastructure Push

The targeted land lies within the jurisdiction of the Yamuna Expressway Industrial Development Authority (YEIDA) and falls in proximity to a 50-acre parcel already secured by the HCL-Foxconn joint venture for an outsourced semiconductor assembly and test (OSAT) facility. That project, however, is still awaiting final approval from the government.

The Greater Noida location offers strong logistical advantages, situated near key infrastructure projects such as the upcoming Jewar airport and several high-speed expressways in the National Capital Region. Experts noted that these infrastructural developments are helping transform the area into an emerging electronics manufacturing hub, much like Chennai.

Also Read : Tax Authorities Open Probe Into Restaurants' Packaging Charges, Says Report. But Who Should Pay The GST?

India's Role In Foxconn’s Global Strategy

Foxconn’s interest in expanding its footprint in Uttar Pradesh comes as part of a broader shift in global supply chains. With rising geopolitical tensions and new tariffs introduced by the United States—ranging from 10 per cent to 50 per cent, and as high as 145 per cent for China—companies like Foxconn are seeking alternative manufacturing destinations. India, which currently faces a 26 per cent tariff on exports to the US, is becoming increasingly central to this strategy.

The company already operates manufacturing facilities in Tamil Nadu, Karnataka, and Telangana. It recently shut down operations in Sri City, Andhra Pradesh, indicating a realignment of its India strategy.

Meanwhile, Apple’s shift toward Indian manufacturing is accelerating. Reports indicated that iPhones worth $22 billion are now being produced in the country. Bloomberg earlier noted that nearly 20 per cent of global iPhone production is now happening in India. For the financial year ending March 31, 2025, iPhone exports from India reached Rs 1.5 trillion ($17.4 billion), reinforcing the country’s growing importance in the global electronics supply chain.

About the author ABP Live Business

ABP Live Business is your daily window into India’s money matters, tracking stock market moves, gold and silver prices, auto industry shifts, global and domestic economic trends, and the fast-moving world of cryptocurrency, with sharp, reliable reporting that helps readers stay informed, invested, and ahead of the curve.

Read More

Top Headlines

Tata Motors, Mahindra Most Popular Among Indian EV Buyers: Here's Why
Tata Motors, Mahindra Most Popular Among Indian EV Buyers: Here's Why
Nvidia CEO Jensen Huang Loses $7.4 Billion As Chinese Spy Controversy Triggers Lawsuit
Nvidia CEO Jensen Huang Loses $7.4 Billion As Chinese Spy Controversy Triggers Lawsuit
Pakistan's Petroleum Levy Debate: Rs 4.4 Trillion Collected In Four Years, Report Says
Pakistan IMF Loan: Why Government Is Facing Questions Over Petroleum Levy And Spending
GIFT Nifty Jumps 1.19%: Will Sensex, Nifty Open Higher After Diwali Holiday?
GIFT Nifty Jumps 1.19%: Will Sensex, Nifty Open Higher After Diwali Holiday?

Videos

Maharashtra UCC Row: Asaduddin Owaisi Calls Proposed Code a Hindu Civil Code, Questions Survey Today
Maharashtra News: Political Battle Erupts Over Gokul Chairman Election as Congress Challenges Mahayuti
Political News: Rahul Gandhi Challenges PM Modi to Debate Over 'Ideological Naxalism' Remark
Fire Alert: Massive Blazes Hit Ghaziabad, Panchkula, Damoh and Basti, Property Worth Lakhs Destroyed
Sonia Gandhi Book Launch: 'Belongings: A Journey of Love' Reveals Untold Gandhi Family Stories

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget