Foxconn is strengthening its presence in India at a time when it is moving away from Chinese operations. Credit: Robert Way via Shutterstock.

Taiwan-based manufacturer of electronics Foxconn will expand its workforce and investment in India next year, a company executive cited by Reuters has stated.

In a LinkedIn post that marked Indian Prime Minister Narendra Modi’s 73rd birthday, V Lee, Foxconn’s representative in India, said his company was “aiming for another doubling of employment, FDI and business size in India”.

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The expansion will involve investing in its manufacturing facilities in a move to expand production away from China.

In addition, officials from Bangalore have said Foxconn plans to invest $600m (T$19.18bn) in two projects in the state of Karnataka. The two projects will focus on manufacturing iPhone casing components and chip-making equipment.

The manufacturing sector accounts for 81.1% of Karnataka’s total gross value added by industry in the base year, followed by the electricity (11.8%) and mining (6.9%) sectors, according to the Government of Karnataka’s official website.

News about the new investment plans in India comes after the company said in July it would invest $200m in a new factory in Quang Ninh province, Vietnam, which will produce electric vehicle charging equipment and other electronic components.

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In August, the Taiwanese manufacturer said it would invest $200m to open a new plant for components manufacturing in the state of Tamil Nadu, India. The new plant is expected to open in 2024 and could create up to 6,000 jobs.

The company already has an iPhone factory in Tamil Nadu that employs 40,000 people.