Younger Liu, chairman of Taiwanese electronics big Foxconn, is planning to go to India this yr. Allow us to inform you that Liu was awarded the Padma Bhushan by Manhar Singh Yadav, Director Normal of the India Taipei Affiliation in Taipei on July 4. He was additionally awarded the Padma Bhushan, the third highest civilian award, on the eve of the seventy fifth Republic Day this yr.

Liu mentioned in a press release that I’m overwhelmed to obtain this award. I additionally need to say that I’m privileged to simply accept this award on behalf of all of the advantageous men and women who work in India to contribute to rising native economies… I sit up for assembly the President in India this yr.

He visited India in July final yr to attend the Semicon India Conclave, the place he met Prime Minister Narendra Modi.

Foxconn’s whole funding in India is estimated to be between US$9-10 billion. The corporate can be within the strategy of increasing its iPhone manufacturing facility, organising a chip plant in a three way partnership with HCL Group, an electrical automobile manufacturing unit and Apple AirPods