Foxconn Unit FII to Sign $194 Million Agreement to Set Up Components Factory in Tamil Nadu

[ad_1] A Foxconn unit will on Monday sign an agreement with India’s Tamil Nadu state to build a new facility for electronic components that will create 6,000 new jobs, a senior state government source with direct knowledge said. The subsidiary, Foxconn Industrial Internet (FII), plans to invest Rs. 1,600 crore ($194.45 million) to build a … Read more