iPhone maker Hon Hai plans $1.6 billion investment in India.
November 27, 2023
Hon Hai, also known as Foxconn, plans to invest $1.6 billion in India for construction projects.
The company already operates nine production campuses and more than 30 factories employing tens of thousands of people in India, where it takes in around $10 billion of revenue annually.
It was not immediately clear if the latest investment announcement is to cover those projects or additional ones.
Link to the original story: https://economictimes.indiatimes.com/tech/technology/iphone-maker-hon-hai-plans-1-6-billion-in-india-expansion-bid/articleshow/105537798.cms