Foxconn seeks 13 acre land at JNPT's SEZ : Nitin Gadkari

Posted by Daily Shipping Times on 18-05-2017        Tweet

NEW DELHI: Taiwanese electronics major Foxconn Technology Group has sought 13-acre land in the special economic zone (SEZ) at Jawaharlal Nehru Port Trust (JNPT), Road Transport and Highways and Shipping Minister Nitin Gadkari said recently.

Foxconn - a contract manufacturer – makes electronic devices for some popular global brands such as Apple, Amazon, BlackBerry, Motorola, Sony, and Xiaomi and has majority of its factories based in China.

“Foxconn has sought a land parcel of 13 acres in special economic zone in JNPT and I have spoken to Maharashtra Chief Minister about the project,” Gadkari said in New Delhi.

However, the Minister added that the project details are not available immediately.

Headquartered in New Taipei City of Taiwan, Foxconn Technology Group is one of the biggest manufacturing contractors of electronics in the world. Foxconn is the third largest IT company in terms of revenue.

Josh Foulger, Country Head and MD, Foxconn International Holding India, had met Commerce Minister Nirmala Sitharaman in March to talk over support for shipping mobile phones from India.

JNPT, situated in Mumbai, is among India’s 12 Major Ports that handles a majority of Country’s cargo volumes. Gadkari further said investors have shown interest in other ports’ SEZs for a range of activities including wood, leather and fertiliser.

The Government has planned six new Major Ports at Vadhavan, Enayam, Sagar Island, Paradip Outer Harbour, Sirkazhi and Belekeri.

As many as 14 Coastal Economic Zones (CEZs) have been proposed covering all the Maritime States and Union Territories. Perspective plans have been prepared and detailed master plans will be drawn up for five pilot CEZs in Gujarat, Maharashtra, Tamil Nadu, Andhra Pradesh and Odisha in the first phase of development.