Apple partner Foxconn to invest $500 million in India’s Telangana

TechCrunch
By Manish SinghMay 15, 2023, 2:39 am401 pts
Foxconn will invest $500 million to set up manufacturing plants in the southern Indian state of Telangana, the latest in a series of bets from the key Apple contract partner as it expands its base in the South Asian market. K.T. Rama Rao, Telangana’s IT minister, said in a tweet that the investment from…

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