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Investment | Apple supplier Foxconn ups its investment proposal in Telangana to $550 million

The fresh investment proposal of $400 million is in addition to the already committed $150 million earlier

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Apple supplier Foxconn increases Telangana investment proposal: Another US$400 million is coming…

Taiwan-based Foxconn plans to increase investment in India. Its facility in Karnataka is likely to be used to manufacture AirPods and other digital accessories.

Hong kongAndhra pradeshK chandrasekhar raoYoung liuHong kong stock exchange onFoxconn groupIndustries kt rama raoFoxconn technology groupChang yi interconnect technology india privateChang yi interconnect technologyPrivate limitedHong kong stock exchangeFoxconn indiaTelangana speedTelangana ministerTechnology group

Apple supplier Foxconn Bets Big on India with $550 Million Investment

The new investment will be used to set up a manufacturing facility in Telangana that will produce AirPods and other digital peripherals.

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Apple supplier Foxconn pledges $400 million more in Telangana, total investment now at $550 million

Foxconn's representative in India V Lee expressed, "Telangana is making rapid strides! Another USD 400 million is on its way"

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Apple supplier Foxconn ups its investment proposal in Telangana to $550 Mn

Taiwan-based contract manufacturer Foxconn is Apple's biggest supplier."…FIT Singapore's proposal to make a capital injection of US$ 400,000,000 to Chang Yi Interconnect Technology (India) Private Limited, which is held by FIT Singapore as to 99.99 per cent of the capital stock," FIT Hon Teng informed the Hong Kong Stock Exchange on Friday. Get more Economy & Infra News and Business News on Zee Business.

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