Foxconn Commits to New Electronics Manufacturing in India
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Foxconn Technology Co. Ltd. signed an agreement to invest in India’s southern Telangana state to manufacture electronics, as the Apple Inc. supplier looks to pivot beyond China.
The announcement follows a meeting between Foxconn Chairman Young Liu and Telangana chief minister K Chandrasekhar Rao. Liu, who is on a tour of India, also met with Prime Minister Narendra Modi earlier this week.