Foxconn unit planning $200 mn new plant in Tamil Nadu, India

  • Foxconn’s unit negotiating with Tamil Nadu for a $200M investment to establish an electronic components plant.
  • Talks in progress with other Indian states like Gujarat and Karnataka, with the former targeting a semiconductor industry entry.
  • Despite pulling out of a $19.5 bn joint venture with Vedanta, Foxconn remains committed to India.
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