Foxconn Seeks Manufacturing Sites in India

Source: Wall Street Journal
08/04/15, 02:59 PM | Industrial Robotics, Factory Automation | Industrial and Manufacturing

SEAN MCLAIN for WSJ.com:  Foxconn became the latest global giant to declare its intention to tap into India’s budding manufacturing potential.

The company is looking for manufacturing sites in India. So far it hasn’t been able to settle on any in particular, Foxconn Chairman Terry Gou told a news conference in New Delhi.

“India is a big, big country. Too many places, too many states, too many cities. The choice is difficult,” he said.

Foxconn is the world’s largest contract electronics manufacturer by revenue. The Taiwanese company—known officially as Hon Hai Precision Industry Co.—is looking to tap India’s massive labor pool and has big ambitions for its Indian investments. It has long-term plans for Asia’s third-largest economy and hopes to do more in India than simply assemble smartphones and laptops. “We want to bring the whole supply chain here,” Mr. Gou said.

Analysts say Foxconn is looking to diversify its global network of factories as the company faces more competition and rising wages in China, where it has most of its manufacturing operations.  Cont'd...

More Factory Automation Stories | Articles | News

Comments (0)

This post does not have any comments. Be the first to leave a comment below.

Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

3D Vision: Ensenso B now also available as a mono version!

3D Vision: Ensenso B now also available as a mono version!

This compact 3D camera series combines a very short working distance, a large field of view and a high depth of field - perfect for bin picking applications. With its ability to capture multiple objects over a large area, it can help robots empty containers more efficiently. Now available from IDS Imaging Development Systems. In the color version of the Ensenso B, the stereo system is equipped with two RGB image sensors. This saves additional sensors and reduces installation space and hardware costs. Now, you can also choose your model to be equipped with two 5 MP mono sensors, achieving impressively high spatial precision. With enhanced sharpness and accuracy, you can tackle applications where absolute precision is essential. The great strength of the Ensenso B lies in the very precise detection of objects at close range. It offers a wide field of view and an impressively high depth of field. This means that the area in which an object is in focus is unusually large. At a distance of 30 centimetres between the camera and the object, the Z-accuracy is approx. 0.1 millimetres. The maximum working distance is 2 meters. This 3D camera series complies with protection class IP65/67 and is ideal for use in industrial environments.
More Products
Feature Your Product