Foxconn s India arm plans IPO to raise Rs 5,000 crore
Taiwanese contract manufacturer, whose main listed arm is Hon Hai Precision Industry Co is keen on expanding in India since early 2019
BusinessToday.In | January 12, 2021 | Updated 14:33 IST
Foxconn Chairman Liu Young-way last month said it would ramp up its investment in India, at Foxconn s annual general meeting
The Indian arm of Apple assembler Foxconn Technology Group is gearing up to launch an initial public offer (IPO) worth Rs 5,000 crore.
The company will launch the IPO once it consolidates its group entities in India, reported Livemint on Tuesday.
Taiwanese contract manufacturer, whose main listed arm is Hon Hai Precision Industry Co is keen on expanding in India since early 2019.