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Image Credit: Bloomberg Quint

Foxconn Disruption 'Temporary', Say MeitY Sources After iPhone Maker Pulls Out Chinese Staff From India

  • The disruption caused by Foxconn pulling out Chinese staff from India is expected to be temporary, according to sources within the Ministry of Electronics and Information Technology.
  • Foxconn, a key manufacturer of Apple's iPhones, is likely to hire 500-1,000 Indian workers this month amidst the disruption.
  • India is said to have sufficient manpower to address the situation as local machine manufacturing is increasing, potentially reducing dependency on imports over time.
  • The pull-out of over 300 Chinese engineers by Foxconn has led to reassurances that there won't be any major problems and the disruption is estimated to last a month or so.

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