Friday, 28 July, 2023

Foxconn Unit in Negotiations for $200 Million Components Plant in Tamil Nadu

Foxconn, a major electronics manufacturer, is in discussions to establish a components plant in Tamil Nadu, India, with an estimated investment of $200 million. This potential venture is poised to boost the region's manufacturing sector and create employment opportunities. The move aligns with India's efforts to enhance domestic production and attract foreign investments in the technology and electronics industries, positioning the country as a global manufacturing hub.