Foxconn, a key supplier for Apple, is set to significantly boost its investment in Karnataka, India. Recently approved by the State High Level Clearance Committee (SHLCC), Foxconn’s proposal to invest an additional Rs.13,911 crore ($1.67...
Tag : Foxconn
Former Reserve Bank of India (RBI) Governor, Raghuram Rajan, has raised critical questions about the efficacy and costs associated with the Production-Linked Incentive (PLI) scheme, urging the government to release comprehensive data for public scrutiny....
Due to heavy rainfall, Apple iPhone production at Foxconn’s facility near Chennai, South India, has been halted, as confirmed by two informed individuals on Monday. Foxconn is currently undecided on resuming production on Tuesday. Concurrently,...
A significant investment plan of $1.6 billion was made by Taiwan-based Foxconn’s Hon Hai Technology in order to establish a new factory in India. The announcement was made through a stock exchange filing in Taiwan....