Ennoconn’s entry occurs at a time when Foxconn is reportedly aiming to diversify beyond iPhone assembly into sectors like information and communication technology (ICT) products and AI serversread moreTaiwanese electronics giant Foxconn has made its big India foray. The company’s subsidiary, Ennoconn, has registered a company in Tamil Nadu as it prepares to enter the Indian market.Ennoconn Corporation, a global provider of integrated cloud management services, design manufacturing, and system integration, became a subsidiary of Foxconn Technology Group in 2007. Its Industrial Metaverse Transformation platform focuses on cloud-based artificial intelligence and IoT (AIoT) solutions.Foxconn, the parent company, already operates the
Apple iPhone assembly plant in Tamil Nadu’s Sriperumbudur taluk. That massive facility employs around 40,000 people.AdvertisementEnnoconn’s entry occurs at a time when Foxconn is reportedly aiming to diversify beyond iPhone assembly into sectors like information and communication technology (ICT) products and AI servers.The company’s entry into India will place it in direct competition with established players such as Taiwan-based Advantech, Siemens, and Rockwell Automation.Government push for industrial growthEnnoconn’s expansion comes amid a surge in India’s manufacturing sector, bolstered by central and
state governments’ incentives. Under the Production-Linked Incentive (PLI) scheme, the Indian government has increased budget allocations for key industries in 2025-26, reinforcing its focus on domestic production.A total of Rs 1.46 lakh crore ($17.5 billion) in actual investment had been recorded by August 2024, with projections estimating it will surpass Rs 2 lakh crore ($24 billion) within a year. The investments have fueled production and sales worth Rs 12.50 lakh crore ($150 billion) and generated approximately 9.5 lakh (950,000) direct and indirect jobs, a figure expected to rise to 1.2 million, according to
News18.Several sectors have seen significant funding increases under the PLI scheme. The budget for electronics and IT hardware has risen from Rs 5,777 crore ($690 million) in 2024-25 to Rs 9,000 crore ($1.08 billion), while funding for automobiles and auto components jumped from Rs 346.87 crore ($41 million) to Rs 2,818.85 crore ($339 million).Ennoconn has not disclosed details on its initial product lineup for India but is expected to target industrial IoT, smart manufacturing, and digital infrastructure as part of its expansion strategy.More from India
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Foxconn subsidiary Ennoconn joins Make In India drive, registers in Tamil Nadu as business entity
