Terry Gou, a kid from the grassroots, with the support of Chinese mainland's policies and demographic dividends, quickly rose to become the richest man in Taiwan and the worldOEMgiants of the industry. However, he did not forget his starting point because of this, he was inFoxconnIn the most glorious period, visiting the front line, keeping an eye on the work of employees, and even judging the degree of effort of employees by the color of their urine, this strict management method makesFoxconnEarned a huge fortune of more than 500 billion. However, with the dramatic growth of personal wealth,Terry Goubegan to lose their original intention.
His excessive demands on employees have led to a series of tragedies, such as in ShenzhenFoxconnThere were 12 young employees who committed suicide by jumping off a building due to excessive stress. Terry GouAlso once confidently stated ifFoxconnThreatened by Chinese mainland, he can move his production base elsewhere at any time. Such statements have drawn criticism from the outside world. In fact,Terry GouClose relations with the United States have been established long ago.
He was in 2017Investments$10 billion to build a $300 billion plant in Wisconsin, USA, but for various reasons, the project was ultimately unsuccessful. LegitimateTerry GouIn an embarrassing moment, Apple's CEO Tim Cook wanted to work with him to expand into India. To please the United States,Terry GouMore than 300,000 Chinese employees were laid off and production capacity was gradually shifted to India and Southeast Asia.
He sees India, with a population of 1.4 billion, as the "taker" of Chinese mainland. During the pandemic,Terry GouAlready to IndiaInvestments$5 billion. Recently, he announcedFoxconnWill again to IndiaInvestmentsAt least $1.5 billion to make India-made iPhones more than Chinese mainland. In this regard, not only foreign media, but even Cook himself agreedTerry GouDoing so is the right choice.
India, as a country of 1.4 billion people, has long been seen as a potential giant in the global manufacturing industry. However, compared to China, India's manufacturing sector is lagging far behind. There are certain problems with the quality and working attitude of workers in India, and the pass rate of the factory is only 50%, which worries Apple, which has strict quality requirements. FaceTerry GouIn the culture of forced overtime, Indian workers have chosen to go on strike or even smash and loot to express their dissatisfaction and unwillingness to be forced to work. This makesTerry GouThe plan becomes more difficult.
On the other hand, compared to China, India has low labor costs, abundant land resources, and huge market potentialFoxconnEstablishing a production base in India offers a huge opportunity. Although India may face some difficulties in the development of the manufacturing industry, butTerry GouStill believe throughInvestmentsWith the introduction of technology, India can become a manufacturing power that can surpass China.
In order to make a breakthrough in the Indian manufacturing industry,FoxconnA series of strategies were employed. First of all,FoxconnIntensified on the Indian marketInvestments, through to IndiaInvestmentsHuge funds to build production bases and expand production capacity. Currently,FoxconnSeveral factories have been established in India and further additions are plannedInvestments。Secondly,FoxconnAdvanced production technology and management experience will be introduced to improve the production of the Indian plantEfficiencyand quality standards.
FoxconnIndian workers will also be trained and upskilled to meet the production needs of high-quality products. In addition,FoxconnIt will also cooperate with local enterprises to jointly promote the development of India's manufacturing industry and promote the improvement and upgrading of the industrial chain. Through these initiatives,FoxconnIt is hoped that a competitive and efficient manufacturing cluster can be established in India to lead the development of India's manufacturing industry.
Foxconnin IndiaInvestmentsand development will have an impact on India's manufacturing industry andEconomyMake a big impact. First of all,FoxconnofInvestmentsIt will bring a lot of job opportunities, provide more high-quality jobs and improve the living standards of the Indian people. Secondly,FoxconnThe technology and management experience will promote the upgrading and transformation of India's manufacturing industry, enhance the competitiveness of the industry, and promote the development of the entire manufacturing industry chain.
However,FoxconnThere are also some challenges to development in India. First of all, the quality of India's workforce and work attitude need to be further improved to meet the requirementsFoxconnProduction requirements for high-quality products. Secondly, India's infrastructure needs to be improved, especially in the areas of transportation and energy**, which may be affectedFoxconnproduction and operationsEfficiency
In addition,FoxconnIt is also necessary to establish good cooperative relations with local** and enterprises to jointly promote the development of India's manufacturing industry. In general,FoxconnThe development in India is a long-term and continuous process, and various challenges need to be overcome in order to achieve a breakthrough and development in the Indian manufacturing industry.