New Delhi, November 28: Taiwanese contract manufacturer Foxconn plans to invest $1.54 billion in India, as the country doubles down on local manufacturing. In a stock exchange filing, Foxconn said that the investment will help it fulfil 슬롯사이트œoperational needs.슬롯사이트� The company, however, did not provide further details. Foxconn is the main assembler of Apple iPhones and both companies are keen to move away from China and create alternative supply chains.
Foxconn already has an iPhone factory in Tamil Nadu, which employs 40,000 people and has signed an agreement to invest Rs 1,600 crore in a new electronics components unit in the state that will create 6,000 jobs. The company has also announced that it will be investing an additional Rs 3,300 crore in its manufacturing facility in Telangana. This will take the total investment of the company in the state to more than Rs 4,550 crore.슬롯 머신 사이트 추천Google to Start Deleting 'Inactive' Accounts in December; Here's What You Need to Know.
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. "Fully committed to support and facilitate," Vaishnaw said on X in response to Foxconn India representative V Lee's LinkedIn post to mark Prime Minister Narendra Modi's 73rd birthday in which he said the company was 슬롯사이트œaiming for another doubling of employment, FDI (foreign direct investment), and business size in India슬롯사이트� by this time next year.슬롯 머신 사이트 추천NASA Administrator Bill Nelson Lands in India to Strengthen NASA-ISRO Relationship.
Foxconn chairman Young Liu had visited India recently to attend the 슬롯사이트˜SemiconIndia 2023슬롯사이트� event hosted for global semiconductor companies that was inaugurated by PM Modi in Gandhinagar. Speaking at the event, the Foxconn chairman said, "I can feel the determination of the Indian government. I am very optimistic about where it's headed."
(The above story first appeared on LatestLY on Nov 28, 2023 10:27 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).