Foxconn Invests $1.5B in India Manufacturing

  Published 1 year ago

Foxconn is investing $1.5 billion (1.5 billion rupees) into its India, based unit, Yuzhan Technology India, to increase production alongside Apple’s shift away from China. This move is spurred by tariffs and supply chain diversification efforts.

  • Foxconn investment targets Indian manufacturing.
  • Shift driven by China tariffs & supply chains.
  • India production includes iPhone assembly.

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