Foxconn may invest $1 billion more in upcoming Apple India plant
Foxconn may invest $1 billion more in upcoming Apple India plant
Apple supplier Foxconn will invest $1.67 billion in Karnataka to establish a plant, strengthening its footprint in India. The investment will support enhanced capacities for a range of Apple devices, including the iPhone. This move comes as Foxconn aims to diversify production capacity and reduce reliance on China. The company has already invested $600 million in two projects in Karnataka and is expected to create 50,000 jobs.
Apple supplier Foxconn will invest $1.67 billion in Karnataka to establish a plant, strengthening its footprint in India. The investment will support enhanced capacities for a range of Apple devices, including the iPhone. This move comes as Foxconn aims to diversify production capacity and reduce reliance on China. The company has already invested $600 million in two projects in Karnataka and is expected to create 50,000 jobs.
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Apple supplier Foxconn will invest $1.67 billion in Karnataka to establish a plant, strengthening its footprint in India. The investment will support enhanced capacities for a range of Apple devices, including the iPhone. This move comes as Foxconn aims to diversify production capacity and reduce reliance on China. The company has already invested $600 million in two projects in Karnataka and is expected to create 50,000 jobs. 
