Taiwanese electronics manufacturer Foxconn has announced plans to build a chip assembly and testing plant in India, partnering with HCL Group. The decision, revealed in a regulatory filing, involves an investment of Rs. 1,200 crore. Continue reading “Foxconn to invest Rs. 1200 Crore for a new plant in India”
Foxconn, a renowned electronics contract manufacturer, has sealed a significant deal with the Indian state of Tamil Nadu. The agreement entails an investment of Rs. 1600 crore to establish an electronic component manufacturing facility in Kanchipuram district. Continue reading “Foxconn to invest Rs. 1600 Crore in Tamil Nadu for a new electronic component facility”
Foxconn intends to build an iPhone assembly facility in Bengaluru’s Devanahalli by April 2024. M B Patil, the Karnataka Minister for Large and Medium Industries, broke the announcement. In a recent tweet, Patil claimed that he had met with senior management from Foxconn to discuss the project and it’s challenges. Continue reading “Foxconn to setup iPhone assembly plant in Bengaluru”
Foxconn Interconnect Technology has announced a US$ 500 million (4110.37 crore approx.) investment in Telangana, India, to create a cutting-edge electronics manufacturing facility at Kongara Kalan. K. T. Rama Rao, Minister of Information Technology and Industries, and Sidney Lu, Chairman and CEO of Foxconn, attended the ceremony. Continue reading “Foxconn invests Rs. 4110 crore to open electronics manufacturing factory in Telangana”
Foxconn, a contract manufacturer, has announced a US$500 million (roughly Rs. 4,116 crore) investment in expanding. According to Foxconn’s Taiwan stock exchange filing, the company’s Singapore subsidiary is investing in Hon Hai Technology (Foxconn) India Mega Development Private Ltd. Continue reading “Foxconn to invest US$ 500 million in India”
