India awards one of its highest civilian honours to Taiwanese Foxconn CEO Liu Young-way
- The recognition comes as Prime Minister Narendra Modi tries to portray India as Asia’s next manufacturing hub as some supply chains move away from China
- Foxconn – a leading supplier for Apple – recently announced investments in India worth US$1.6 billion to diversify away from China
In a message to Beijing, India for the first time conferred one of its highest civilian awards upon a person from Taiwan on Thursday.
Liu Young-way, the CEO of Foxconn, the world’s biggest maker of electronic components headquartered in Taipei, was chosen for the Padma Bhushan, India’s third-highest civilian honour.
Liu, 66, will be presented with the award by the country’s president at a ceremony later this year. A total of 132 winners in various Padma categories were announced on the eve of India’s Republic Day.
In a post on X, formerly known as Twitter, Indian Prime Minister Narendra Modi congratulated the awardees, saying that India “cherishes their contribution across diverse sectors”.
The recognition comes at time when Modi has been trying to attract foreign investors and portray his country as Asia’s next manufacturing hub amid efforts by the US and its allies to move supply chains away from China.
Liu visited New Delhi and met with Modi last March. A statement by Foxconn at the time said the company would “continue to build an ecosystem in India which would allow all our stakeholders to share, collaborate and thrive”.