Foxconn, the world’s largest contract electronics manufacturer, has announced a significant leadership transition in its India operations, underscoring the country’s growing importance in its global strategy.
After steering Foxconn India through a phase of rapid growth, V. Lee, who has served as the company’s India representative for over four years, has been elevated to a global role as Assistant Vice President in the Chairman’s Office of Hon Hai Technology Group. During his tenure, Foxconn’s India business surged to more than $20 billion, while the workforce expanded to nearly 80,000 employees, solidifying the company’s footprint as one of the largest employers in India’s electronics manufacturing sector.
Taking the reins in India is Robert Wu, formerly CEO of Sharp Corporation in Japan, a subsidiary of Foxconn with a storied history in consumer electronics. Wu’s appointment signals Foxconn’s intent to deepen its commitment to India at a time when the country is emerging as a crucial manufacturing hub amid global supply chain shifts.
The timing of this reshuffle is notable. With U.S. tariffs, shifting global trade dynamics, and China’s informal trade restrictions adding layers of uncertainty to the electronics market, Foxconn is betting big on India as a strategic hedge. Wu’s international experience and track record in leading Sharp are expected to help navigate these challenges while accelerating Foxconn’s partnerships with Indian and global firms.
Foxconn has already ramped up investments in India, expanding its facilities to support the production of devices for leading global brands, including Apple. The company’s growing presence dovetails with India’s ambitions to become a manufacturing powerhouse and reduce dependence on imports.