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Hon Hai-Amazon joint venture to manufacture set-top box devices in India

The manufacturing cooperation with Hon Hai, also called Foxconn on the worldwide market, is scheduled to start later this 12 months, in response to Amazon.

ANI, Taipei

PUBLISHED ON FEB 19, 2021 05:47 AM IST

E-commerce large Amazon.com Inc. plans to work with Taiwan’s Hon Hai Precision Business Co. as a part of the American firm’s first manufacturing operation in India.

In line with Focus Taiwan citing a press release on Amazon Weblog in India, the corporate mentioned it can begin manufacturing efforts within the nation by teaming up with contract producer Cloud Community Expertise, a subsidiary of Hon Hai in Chennai, to roll out its set-top field gadget Hearth TV Stick.

The manufacturing cooperation with Hon Hai, also called Foxconn on the worldwide market, is scheduled to start later this 12 months, in response to Amazon.

“The gadget manufacturing program will have the ability to produce a whole lot of hundreds of Hearth TV Stick gadgets yearly, catering to the calls for of consumers in India,” Amazon mentioned within the assertion as quoted by Focus Taiwan.

The enterprise with Hon Hai will give the American firm its first manufacturing line in India, a transfer which echoes Indian Prime Minister Narendra Modi’s Atmanirbhar Bharat Abhiyaan (self-reliant India) marketing campaign, in response to Amazon.

Amazon mentioned the corporate “will constantly consider scaling capability to further marketplaces/cities relying on the home demand” in India.

Hon Hai and Amazon have labored collectively within the discipline of electrical automobile growth. Amazon Net Providers has cooperated with Hon Hai’s MIH Open Platform, which supplies {hardware} and software program to different automakers for electrical automobile growth, Focus Taiwan reported.

This comes as Amazon is ready to start manufacturing digital gadgets in India later this 12 months, mentioned the Ministry of Electronics and Info Expertise on Tuesday.

The announcement got here after Union Minister for Electronics and Info Expertise Ravi Shankar Prasad held a digital assembly with Amit Agarwal, Amazon’s International Senior Vice President and Nation Head for India.

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