Foxconn plans to set up world's 2nd largest battery plant in TN

Foxconn, largest contract manufacturer in India, plans to set up second-largest Battery Energy Storage System (BESS) in Tamil Nadu. The state government has proposed offering 200 acres of land near Chennai and incentives. As part of its ‘3+3 strategy’, Foxconn has identified three key industries — electric vehicles, digital health, and robotics — each offering substantial growth potential.