Foxconn to Make iPhones in India’s Karnataka by Next April
Apple Inc (AAPL.O) supplier Foxconn (2317.TW) will start manufacturing iPhones in the southern Indian state of Karnataka by April 2024, the state government said on Thursday.
The land for the factory would be handed over to Foxconn by July 1, the government said, adding that the project, valued at 130 billion rupees ($1.59 billion), is expected to create around 50,000 jobs.
Photo courtesy of iphonedigital.
Source: Reuters (link opens in a new window)
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