Apple partner Foxconn will invest $500 million to set up manufacturing plants in India’s Telangana
The latest in a series of bets from the key Apple contract partner as it expands its base in the South Asian market is that Foxconn will invest $500 million to set up manufacturing plants in the southern Indian state of Telangana. Telangana’s IT minister, K.T. Rama Rao, tweeted that the “first phase” of the…