Apple supplier Foxconn plans to invest an additional 139.11 billion rupees ($1.67 billion) in India s Karnataka state, the state government said in a statement on Tuesday.
This marks the formal entry of another Apple supplier into India, bolstering the expanding ecosystem of Apple as well as electronic component manufacturers in the country.
As per Apple s supplier list for the fiscal year 2022, Corning has facilities that supply to Apple in Fujian, Jiangsu and Zhejiang in mainland China, Chungcheongnam-Do in South Korea, Taiwan and Kentucky, New York.
Corning was earlier expected to set up its facility in Telangana. In September this year, former IT minister KT Rama Rao met the top officials of the US-based firm and announced that it would set up the facility in the southern state.