Tag Archives: general motors

Foxconn to Invest $5 Billion in India, to Match China Factories in Production

Riding on high turnout in China, thanks to iPhone boom for over a decade, Foxconn is now eyeing Indian manufacturing base to be set up at about $5 billion (Rs.6,300 crore), including a research and development facility in Maharashtra. Subash Desai, Maharashtra’s industries minister, said the largest electronics centre in India would provide jobs to about 50,000 employees and an ...

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