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

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

Apr, 29 2025 13:32 PM
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. The employee count has also gone over 80,000," one of the sources said. Email query sent to Foxconn in this regard elicited no reply. Union Minister Ashwini Vaishnaw earlier this month announced that mobile phone exports from India have crossed an all-time high of Rs 2 lakh crore in FY 2024-25 in which iPhone exports alone accounted for exports worth Rs 1.5 lakh crore. Sources said that Foxconn is expected to gr
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