Bharat FIH diversifies beyond Xiaomi orders at Chennai campus to explore EVs, telecom equipment, and TVs. Leveraging Make in India initiative with PLI benefits, the company aims to support GOI s localization plans and expand capacity based on customer demand. Bharat FIH is now looking to power growth in segments such as telecom equipment, electric vehicles, televisions and displays.
Bharat FIH diversifies beyond Xiaomi orders at Chennai campus to explore EVs, telecom equipment, and TVs. Leveraging Make in India initiative with PLI benefits, the company aims to support GOI s localization plans and expand capacity based on customer demand.
Hostels for 60,000 workers are being built in Tamil Nadu s Sriperumbudur as Bharat FIH and other contract manufacturers, such as Foxconn International s India unit, Pegatron, and Tata Electronics, aim to expand iPhone manufacturing in India. The rise in domestic mobile phones and electronics production in India has been fueled by the PLI scheme, resulting in $15 billion worth of exports from April to October 2023. However, the contract labor regime in India has faced worker-led disruptions and concerns of exploitation.
Foxconn Technology Group is losing its long-time executive, Josh Foulger, who will leave the company after nine years. Foulger, a three-decade veteran in the electronics industry, has helped Taiwanese contract manufacturer Foxconn and its customers, including Xiaomi Corp., expand in India. He worked closely with Xiaomi s former India boss Manu Jain to assemble Xiaomi smartphones in local Foxconn factories.
Foxconn: "The principal activities of Rising Stars Hi Tech are to carry on business of manufacturers and sellers of hi-tech electronic and electrical products (including, without limitation, televisions, EVs, telecommunication decides and IT hardware and components," it said in its filing on the stock exchange of Hong Kong, dated December 5 and signed by signed by Acting Chairman Chuh Yu Yang.