Tamil Nadu Offers Land and Incentives to Foxconn for Battery Storage Plant

Tamil Nadu offers Foxconn 200 acres of land for a new Battery Energy Storage System (BESS) plant.

  • Tamil Nadu offers Foxconn 200 acres of land for a new Battery Energy Storage System (BESS) plant.
  • The plant will be Foxconn’s second such facility globally, with the first located in Taiwan.
  • Foxconn plans to expand beyond smartphones, focusing on electric vehicles, energy, and digital health.

Simplified News: The Tamil Nadu government has offered Foxconn around 200 acres of land to build its second Battery Energy Storage System (BESS) plant. Located near Manalur in Tiruvallur district, the plant will help store renewable energy from solar and wind sources, supporting Foxconn’s broader plans in energy and electric vehicles (EVs).

Foxconn’s first BESS unit is located in Kaohsiung, Taiwan, and is part of the company’s growing involvement in EV and energy sectors. The Tamil Nadu project is expected to align with the state’s efforts to attract advanced manufacturing and green energy investments.

Foxconn is expected to make a formal announcement soon, as discussions with the state government are in the final stages. The new plant will also support the company’s plans to diversify its business beyond smartphones.