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Electronics Production | June 29, 2007

Foxconn invests in Indian facility

Foxconn is planning to invest some $1 billion in a new industry zone in India.

Between 1 and 1,5 billion dollars are going to be invested in a new 160-hectare industrial park in India by Taiwan based Foxconn. The construcion of the 160-hectare industrial park in India will follow an on-going, first-stage cellphone-manufacturing investment project that is scheduled to start mass production in August. According to CENS Hon Hai Precision Ind. Co. Ltd. and Foxconn International Holdings Ltd. (FIH) have planned to invest a total of US$1 billion in five years to construct the largest high-tech industrial zone in India, which will produce printed circuit board (PCB), connector, computer housing, personal computer (PC), cellphone, and other parts to directly supply big international cellphone brands Motorola and Nokia, as well as PC brand HP.
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