Friday, 24 March, 2023

Foxconn Denies having Definitive Agreements for new Investment in India

<p>Foxconn, the Taiwanese electronics manufacturing company, has announced that it has no definitive agreements for new investment in India. This statement comes after reports that the company planned to invest $1 billion in a new factory in Tamil Nadu. Foxconn currently operates several factories in India and is looking to expand its presence in the country. The company has not yet disclosed any further details about its investment plans.</p>