Foxconn to invest ₹15,000 crores to manufacture EV batteries in Tamil Nadu
Foxconn is reportedly planning an investment in Tamil Nadu, with a commitment of ₹15,000 crore aimed at accelerating its footprint in EV battery and advanced manufacturing. The announcement emerged following a meeting between Foxconn’s India representative Robert Wu and Tamil Nadu Chief Minister M.K. Stalin.
While the company hasn’t laid out all details, public statements suggest the funds will support value-added production— including battery cell manufacturing, R&D, and AI-led advanced tech operations across multiple sites in the state. As part of the rollout, officials say this plan might generate 14,000 high-value engineering jobs and deepen Tamil Nadu’s role as a manufacturing and innovation hub.
To streamline coordination, the government will set up a dedicated “Foxconn Desk” within Guidance Tamil Nadu, the state’s investment promotion agency. This will act as a single-window interface to resolve approvals, clearances, and project facilitation. Foxconn has praised Tamil Nadu’s infrastructure, skilled workforce, and industrial policies, signaling confidence in the state’s readiness for deep tech expansion.
This move represents a shift beyond Foxconn’s traditional role as a contract manufacturer of electronics. The company is betting on EVs and technology as future growth engines—and India, especially Tamil Nadu, is emerging as a strategic base.
With this investment, Foxconn may be aiming to anchor itself in the next wave of India’s mobility transformation— supplying battery cells, enabling R&D-driven production, and cultivating engineering talent locally. Meanwhile, for Tamil Nadu, this could help solidify its standing as a hub for electronics, clean mobility, and smart manufacturing.



