Foxconn invests Rs 1,200 crore in Karnataka manufacturing unit

Friday, 23 August 2024
Foxconn invested around Rs 1,200 crore in its Indian subsidiary in Karnataka. With Foxconn's Singapore arm acquiring over 120 crore shares, this unit will become the second-largest plant after China’s unit, creating 40,000 jobs. Future plans include exploring other sectors and setting up a substantial manufacturing plant near DoddaBallapur generating employment opportunities.

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Foxconn's 'Apple' of opportunity: Karnataka plant set to bloom 40,000 direct jobs in state; CEO meets CM Siddaramaiah

Foxconn, the Taiwanese contract manufacturer, announced a Rs 22,000 crore investment in Karnataka, which includes a manufacturing unit near Doddaballapura,...
IndiaTimes on August 17, 2024

Foxconn invests Rs 1,200 crore in Karnataka manufacturing unit

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Foxconn's 'Apple' of opportunity: Karnataka plant set to bloom 40,000 direct jobs in state; CEO meets CM Siddaramaiah