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Electronics Production |

Foxconn plans to enter India

The Hong Kong-based handset subsidiary of Foxconn Electronics, plans to set up a handset-manufacturing plant in India, according to the Chinese-language Economic Daily News.

According to the paper a Taiwan-based telecom company plans to invest US$1 billion to set up a manufacturing plant in India. A spokesman of Foxconn Electronics, denied the investment project but indicated that Foxconn has studied the feasibility of investing in India.

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April 15 2024 11:45 am V22.4.27-1
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