The Indian government announced this week approval of Foxconn’s plan to invest an additional $1 billion in a manufacturing plant expected to produce the iPhone.
Mumbai, India
The Karnataka government acknowledged Tuesday it had approved a 139.11 billion rupee ($1.7 billion) investment from Foxconn in the state, though it stopped short of detailing how the money will be used.
Go Here to Read this Fast! Foxconn pours another $1 billion into India expansion
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Foxconn pours another $1 billion into India expansion