The Taiwanese electronics giant Foxconn has again expressed its intentions to develop a manufacturing facility in Maharashtra. The company has chosen the JNPT port-based SEZ for the setting up of the facility.

It wants the site to be called JNPT SEZ-Foxconn Industrial Park, said S Sittarasu, CEO, JNPT SEZ.

The reiteration of the intent was out of an interaction between JNPT SEZ CEO and Simon Hsing, Foxconn spokesperson from Chairman Terry Gau,’s office.

Hsing expressed the plans of the company while attending the Magnetic Maharashtra Summit.

A press statement issued by Foxconn said that discussions were ongoing for the past two years. Globally, Foxconn’s entry into such a region has led to significant industrialisation. Foxconn is expected to upgrade this experience in India with its focus on bringing a 5G/8K ecosystem with best applications of many companies in IIoT and IoT for an Industry 4.0 Industrial Park.

JNPT SEZ is a flagship project of the Centre and Maharashtra Government. It is a 277-hectare land parcel situated close to JNPT, India’s leading container port. Foxconn Technology Group is the world’s leading contract manufacturer of computer, communication and consumer-electronics products with major investments in Sharp and Nokia.