Nadar Malhotra stated that HCL Group sees Foxconn as a great strategic partner. “A lot a lot of people know them much more for their manufacturing prowess, but a big part of the universe of their manufacturing is the work that they do (is) in semiconductor design.”
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.
In September, Union IT Minister Ashwini Vaishnaw said the government was “fully committed” to support Taiwanese electronics giant Foxconn’s ambitious plans to double its manufacturing capacity in the country.
India Business News: Taiwanese company Foxconn Technology Group plans to double its investment and employment in India, as part of a manufacturing shift away from China. T