Ennoconn, a Foxconn Subsidiary, to Launch Operations in India for Enhanced Industrial Automation

Key Takeaways

Ennoconn is entering the Indian market to enhance industrial automation.
Foxconn operates a major Apple iPhone assembly plant in Tamil Nadu.
Ennoconn specializes in cloud management and Industrial IoT.
The Indian government is increasing budget allocations for manufacturing sectors.
Significant investments are expected to boost job creation and production.

New Delhi, March 4 (NationPress) In a significant advancement for the ‘Make in India’ initiative, Ennoconn, a subsidiary of Foxconn, is poised to commence its operations in India, concentrating on the industrial automation and digital transformation sectors. Reports indicate that the Taiwanese firm has established a company in Tamil Nadu to introduce its products into the local market.

Foxconn, the parent company, operates an Apple iPhone assembly facility in Sriperumbudur, Tamil Nadu, currently employing around 40,000 individuals.

Ennoconn Corporation stands as a global leader in integrated cloud management services, Industrial IoT, and embedded technology.

Since 2007, Ennoconn has been a subsidiary of Foxconn Technology Group, headquartered in New Taipei City.

The Ennoconn Group provides top-tier industrial IoT, embedded technology, design manufacturing services, and IT/system integration services across high-growth markets such as Smart City, Smart Manufacturing, Smart Retail, Financial Services, and Media and Entertainment.

According to the company, “We deliver Digital Transformation strategies across all internal design, manufacturing, and supply chain platforms and disciplines.”

Currently, the Indian market is largely occupied by competitors including Siemens, Advantech (based in Taiwan), and Rockwell Automation, among others.

Ennoconn’s Industrial Metaverse transformation facilitates the creation of innovative cloud-based AIoT products, services, and solutions.

In a robust effort to stimulate industrial growth, the government has significantly elevated budget allocations for critical sectors under the PLI scheme for 2025-26, reaffirming its dedication to bolstering domestic manufacturing.

As of August 2024, actual investments amounting to Rs 1.46 lakh crore have been realized, with forecasts indicating this total will surpass Rs 2 lakh crore within the following year.

These investments have already resulted in a substantial increase in production and sales, reaching Rs 12.50 lakh crore, while generating approximately 9.5 lakh jobs—a figure expected to rise to 12 lakhs soon.

Several sectors have experienced notable increases, with allocations for electronics and IT hardware rising from Rs 5,777 crore (revised estimate for 2024-25) to Rs 9,000 crore, and the automotive sector seeing an extraordinary surge from Rs 346.87 crore to Rs 2,818.85 crore.