Foxconn invites bids to construct Rs 1,200-crore plant in Karnataka
Fri, Feb 9, 2024 2:53 PM

Foxconn invites bids to construct Rs 1,200-crore plant in Karnataka

A Flip by Shubhangi Gupta
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Foxconn is planning to construct a plant in Karnataka, India for setting up an iPhone factory with an investment of Rs 1,200 cr. The project will be executed by its subsidiary Foxconn Hon Hai Technology India Mega Development. This bid is separate from their semiconductor JV with HCL. The company has previously proposed to invest Rs 22,000 cr and Rs 13,000 cr for manufacturing mobile phones.

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