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Apple, Suppliers Embark On Groundbreaking Housing Initiative For Employees In India

This story was first published on the Benzinga India portal. In an unprecedented move in India's private sector, Apple Inc. (NASDAQ: AAPL) and its suppliers, including Foxconn, Tata Group, and Salcomp, are planning to build employee residential facilities, according to an ET report. This initiative echoes industrial housing models prevalent in China and Vietnam. The project aims to construct over 78,000 housing units under a public-private partnership. Tamil Nadu, a state in southern India, will ....

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