Foxconn India plant

Taiwanese electronics major Foxconn on Monday withdrew from a joint venture with Anil Agarwal-led Vedanta, in a blow to India’s semiconductor manufacturing plans. Here's a timeline of the Foxconn-Vedanta chip story. Taiwanese electronics major Foxconn on Monday withdrew from a joint venture with Anil Agarwal-led Vedanta, in a blow to India’s semiconductor manufacturing plans. Here's a timeline of the Foxconn-Vedanta chip story. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility!…

Foxconn in India has gone from being a quiet contract manufacturer with just a facility in Tamil Nadu to being one that is making all the right noises.The Taiwanese company, which is best known as the largest contract manufacturer for Apple and assembler of the iconic iPhone, has ambitious plans for India.The company has been consistently making headlines in India for its massive investments and partnerships, as it looks to diversify its supply chain operations outside of China.Not only is the company doubling down on its…

Indian officials are currently in Taiwan to meet executives at contract manufacturer Foxconn and present the country as an attractive destination for electric vehicle (EV) manufacturing, people in the know told ET.The delegation from the union government will also brief Foxconn on how India is exploring and evaluating potential reserves of minerals like lithium, nickel, manganese and cobalt, the sources said. Lithium is a critical mineral used in EV batteries.“The presentation covers information about the…

The Karnataka government on Monday approved 18 projects with a total investment of over Rs 75,000 crore, including a proposal by tech giant Apple's contract manufacturer Foxconn for Rs 8,000 crore. Among the 18 projects that were approved by the State High-Level Clearance Committee under the chairmanship of Chief Minister Basavaraj Bommai, 10 are new, five are expansion projects, and three are additional projects with all the investment proposals expected to provide employment opportunities for 77,606…