Apple supplier Foxconn will invest an undisclosed sum in India’s southern state of Telangana towards an electronics manufacturing facility in the south Indian state, the state’s chief minister said on Thursday.
The investment will create 100,000 jobs in the state, Telangana’s IT minister KT Rama Rao said. The announcement followed a meeting between Telangana’s chief minister and the chairman of Foxconn earlier in the day.
Taiwan-based Foxconn already has operations in Andhra Pradesh and Tamil Nadu, where it manufactures products for companies such as Apple Inc and Amazon.com Inc.
Source : Reuters
In recent years, the European economy has shown remarkable resilience, whilst continuing to transform. This…
A number of concerns have been raised regarding retail central bank digital currency. These range…
China's solar industry is a poster child for the country’s economic rise over the last…
European defence procurement practices must evolve to embrace innovative startups and small firms, in order…
The European Union's digital rulebook could be better enforced by delegating some of the European…
The non-fungible token market exploded in 2021, but by late 2022 prices had collapsed. This…