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Foxconn elevates India head V Lee to global role, Robert Wu appointed new country head - The Economic Times
Economic Times
·
2d ago
Medial
Foxconn has appointed V Lee as assistant vice president in the chairman’s office for business development, elevating him from his role as India representative where he led a $20 billion business. Robert Wu, former CEO of Sharp, has been appointed as the new India representative amidst a challenging electronics manufacturing sector due to US tariffs and China’s informal restrictions. Wu’s appointment comes as companies await clarity on tariffs for US-bound electronics shipments from India.
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Foxconn aims to double jobs, investment in India over next 12 months
Economic Times
·
1y ago
Medial
Foxconn, the Taiwanese contract manufacturer known for producing iPhones, aims to double its workforce and investment in India by next year. V Lee, the company's India representative, expressed this goal while wishing Prime Minister Narendra Modi a happy birthday. Foxconn has a significant presence in Tamil Nadu with over 40,000 employees and is also exploring opportunities in the electric vehicle sector across multiple Indian states. Specific details were not disclosed.
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Foxconn says it is the beginning of the Bharat era
Economic Times
·
1y ago
Medial
Foxconn, Apple's largest contract manufacturing company, has expressed its enthusiasm for the "beginning of the Bharat era" in India. The company's India representative, V Lee, posted on LinkedIn about their focus on electric vehicles (EVs) and semiconductors during the recently concluded Hon Hai Technology Day. Foxconn is exploring EV opportunities in several states, including Tamil Nadu, as per Lee's response to a post on LinkedIn. The company aims to establish a production line in India to cater to the two-wheeler EV market in Southeast Asia. Foxconn's annual report highlights their focus on EVs, digital health, and robotics. The company presently operates over 30 factories in India and is committed to furthering the ambition of fab manufacturing in the country.
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Foxconn planning to make EVs in India; Tamil Nadu on radar
Economic Times
·
1y ago
Medial
Foxconn is examining options to produce electric vehicles (EVs) in India, and among the states under consideration for establishing a facility, Tamil Nadu is one of them, according to the local representative of the Taiwanese contract manufacturer. The company's chairman, Young Liu, has previously discussed the idea of regionalized car production, as demonstrated by Foxconn's plans to construct an EV factory in Ohio, USA, and another in Thailand. "He (Liu) also mentioned..." stated V Lee.
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xAI legal chief resigns due to work-life balance concerns - The Economic Times
Economic Times
·
14d ago
Medial
Robert Keele, the head of legal at Elon Musk's AI startup xAI, resigned after just over a year, citing philosophical differences with Musk and a desire to spend more time with his young children. Despite considering the role a dream job, Keele couldn't balance family and work commitments. His departure follows a trend of high-level exits from Musk's companies, highlighting ongoing executive turnover challenges.
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Google hires, ex-Apple, Microsoft executive Sreenivasa Reddy as India public policy head
Startup News FYI
·
1y ago
Medial
Google has appointed Sreenivasa Reddy, a former executive at Apple and Microsoft, as its public policy head in India. Reddy will take on the role of managing director for government affairs and public policy, focusing on addressing the challenges and opportunities in India's digital transformation. Google aims to work with the Indian government, partners, businesses, and civil society to promote innovation, economic growth, and social inclusion in the country. Reddy's appointment comes at a time when Google is facing antitrust challenges and aiming to expand hardware assembly in India.
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BlackRock elevates Maheshwar Nataraj to head India private credit operations
VCCircle
·
1y ago
Medial
Global asset management firm BlackRock has appointed Maheshwar Nataraj as the head of its private credit operations in India. Nataraj, who previously led the company's efforts in sourcing and managing investments in the country, will now oversee its private credit platform in India. He replaces Dhruva Agarwal, who stepped down due to personal reasons. BlackRock's appointment comes as the private credit market in India continues to grow with a rising number of Indian and foreign companies entering the sector. The global firm expects private debt assets under management to reach $3.5tn by 2028.
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Lenovo elevates Priya Tikare as director and head of HR
Economic Times
·
1y ago
Medial
Lenovo India has appointed Priya Tikare as the Director and Head of Human Resources. In this role, she will oversee all HR functions for the India business and lead innovation within the talent management ecosystem. Tikare will focus on developing programs and systems to empower employees, foster collaboration, and enhance productivity. Previously, she served as the Global HR Director for Lenovo's international services support and Asia Pacific talent acquisition leader. Lenovo aims to create more job opportunities as part of its investment plan for the region, including over 1,000 technical jobs in the coming years.
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Impact investor Oikocredit elevates exec as Asia equity head
VCCircle
·
7m ago
Medial
Oikocredit, a Netherlands-based social impact investor, has appointed a new head for its equity investments in Asia. This change comes after Anirudh Sarda, the former head, departed earlier this month to join ValueQuest, an indigenous investment firm. Oikocredit is known for investing in companies like Sindhuja Microcredit, Annapurna Finance, and Avanti Finance, among others, and continues to focus on social impact through its strategic investments in the region.
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Google names Preeti Lobana as Country Manager, VP for India
Livemint
·
8m ago
Medial
Google has appointed Preeti Lobana as the new country manager and vice president of its India operations, replacing interim head Roma Datta Chobey. Lobana’s appointment marks a significant move as Google becomes the second major tech company in India, alongside Meta, to appoint a female country head.
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Unacademy elevates Sumit Jain to cofounder status
Economic Times
·
2y ago
Medial
Edtech unicorn Unacademy has promoted Sumit Jain, head of the Graphy division, to the position of partner, akin to a co-founder who joined later. CEO Gaurav Munjal praised Jain's instrumental role in scaling Graphy and likened him to a co-founder. Jain had previously co-founded CommonFloor, later acquired by Quikr, and played a key role in Graphy's growth. Unacademy, founded in 2015, continues to expand its educational offerings.
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