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Foxconn beefs up investment in...

HYDERABAD: Less than three months after...

Foxconn beefs up investment in Telangana, to infuse another $400m

HYDERABAD: Less than three months after breaking ground for its accessories manufacturing facility in Telangana, Taiwanese electronics contract manufacturer Foxconn Group is quickly beefing up its investment in the Telangana facility.The board of Foxconn Interconnect Technology Ltd (FIT), a Foxconn arm that is setting up the Apple accessories plant at Kongara Kalan on Hyderabad’s outskirts, has approved the infusion of another $400 million into Chang Yi Interconnect Technology (India) Pvt Ltd, the subsidiary company implementing the project.“Moving so fast, Telangana! Another US$400M is coming…” Foxconn’s representative in India...

Foxconn beefs up...

HYDERABAD: Less than three months after breaking ground for its accessories manufacturing facility in Telangana, Taiwanese electronics contract manufacturer Foxconn Group is quickly...