According to market research companies in India, Foxconn is mulling setting up a skill development centre in India, possibly similar to its Hon Hai Research Institute in Taiwan, as the contract manufacturer is building an ecosystem to support expansion of its production base here

Foxconn India, the leading electronics manufacturing and technology services company in India, will be opening its first dedicated technology education university. The newly-announced project is part of an ongoing effort to develop the Indian workforce with “skills needed for the growth and expansion of its business in India,” according to a press note issued by Xiaomi’s CEO Lin Bin.”

The institute has five research centres for artificial intelligence, semiconductors, next-generation communications and information security.

Young Liu meeting PM is a big development. It actually means that at the highest level, India is trying to court the Taiwanese company.