During an event along with top global executive, Chairman of Taiwanese manufacturing giant Foxconn sees India as a “trusted and reliable partner”, whose interests should be bolstered by joint work between the two nations.
“Prime Minister Narendra Modi had once told me that IT stands for India and Taiwan. Taiwan is and will be you’re most trusted and reliable partner. Let’s do it together,” Foxconn chairman Young Liu said at Semicon India summit.
As per earlier reports, Foxconn is fresh out of a break-up with Anil Agarwal’s Vedanta group where the two could not carry forward a project to set up a semiconductor factory in India. After moving out, Foxconn has however maintained that it remains committed to investments in India.
