Foxconn India revenue tops $20 billion in FY25, staff strength hits 80K

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Foxconn India revenue tops $20 billion in FY25, staff strength hits 80K - Business Standard

Quick Summary:

Taiwanese electronics manufacturing major Foxconn is reported to have more than doubled its revenue in India to over USD 20 billion (about Rs 1.7 lakh crore) in the financial year 2024-25 on account of a jump in iPhone production, sources aware of the development said.

The company is also learnt to have increased its total employee count in the country by over 65 per cent to around 80,000 in fiscal year 2025, industry and government sources aware of the estimates told PTI.

"Foxconn revenue in India has more than doubled to over USD 20 billion in the financial year 2024-25.