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The Indian IT sector is set to soar globally with AI, experts assert; US Federal agencies are mandated to test AI for bias and oversight, and much more today.
Under the direction of Chief Minister Siddaramaiah, the Karnataka State High-Level Clearance Committee (SHLCC) has authorised Foxconn's investment request in the southern state.
Foxconn started manufacturing Apple handsets in India in 2019.
The target for the financial year 2022 was set to $3.2 billion. But the companies are expected to cross the $5 billion mark in the financial year 2022.
Foxconn, formally called Hon Hai Precision Industry Co Ltd, aims become a major player in the global EV market