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Foxconn likely to open its second-largest battery plant in Tamil Nadu

Manufacturing  -  Dec 02,2024  - 

Foxconn, India’s largest contract manufacturer, is expected to establish the world’s second-largest Battery Energy Storage System (BESS) in Tamil Nadu.

According to The Economic Times, the Tamil Nadu government has proposed offering 200 acres of land for the project as part of its engagement with the company.
 
“The Tamil Nadu government has also given Foxconn an incentive package,” an official told The Economic Times. “Foxconn is yet to finalise but the talks are in the final stages and Foxconn is likely to go ahead with the project at the identified land in Tamil Nadu, in line with what was mentioned by Chairman Young Liu on his India visit,” the official said.

The Tamil Nadu government has proposed land to the Foxconn near Manalur in Tiruvallur district, about 50 km north Chennai.
 
According to the news report, Young Liu visited India in August 2024 and discussed Foxconn’s plans to expand its operations in the country beyond smartphones. He turned the company’s focus on sectors such as electric vehicles (EVs), energy, and digital health. Regarding energy, Liu emphasised Foxconn’s interest in batteries as part of its broader EV strategy.

 

Company : Foxconn