The investment was made through Foxconn Singapore Pte. Ltd., a wholly owned subsidiary of Hon Hai Precision Industry, following approval by the company's Board of Directors. As part of the transaction, Foxconn Singapore subscribed to approximately 351.73 million equity shares of the Indian entity at a face value of Rs. 10 per share.
Following the latest capital infusion, Foxconn Singapore's total investment in the Indian subsidiary has increased to approximately USD 2.82 billion, giving it a virtually 100 percent ownership stake. The company stated that the investment has been funded through internally generated resources and has been classified as a long-term strategic investment.
The additional investment reflects Foxconn's continued confidence in India's rapidly expanding manufacturing ecosystem. It also aligns with India's growing role in the global electronics supply chain, supported by favourable government policies, improving infrastructure and increasing demand for electronics manufacturing. India has emerged as one of Foxconn's most significant manufacturing hubs as the company continues to diversify its global production capabilities.
The company clarified that the transaction represents only a capital increase within the group and does not involve any change in business operations or ownership structure. It further confirmed that no broker fees were incurred during the transaction and that the investment is not subject to any restrictive covenants or special contractual conditions.
Foxconn has consistently expanded its manufacturing footprint across India through investments spanning multiple product categories. The company has announced several major investments in recent years as part of its long-term strategy to strengthen production capacity outside traditional manufacturing locations and enhance supply chain resilience.
Established in Taiwan in 1974, Hon Hai Technology Group, commonly known as Foxconn, is the world's largest electronics manufacturer and a leading technological solutions provider. The company integrates its expertise in software and hardware with advanced manufacturing systems while expanding into electric vehicles, digital health and robotics. It is also advancing three key technologies—artificial intelligence, semiconductors and next-generation communications technology—which support its long-term growth strategy across four core business segments: Smart Consumer Electronics, Cloud and Networking, Computing Products and Components, and Others. In 2025, Hon Hai reported annual revenue of USD 259 billion.
The latest investment marks another significant milestone in Foxconn's long-term expansion strategy and underscores India's increasing importance as a global electronics manufacturing destination, reinforcing the country's growing influence in the international technology supply chain.
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