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Foxconn moves further away from China, set to invest additional $1.7 bn in Karnataka

Apple supplier Foxconn plans to invest an additional 139.11 billion rupees ($1.67 billion) in India s Karnataka state, the state government said in a statement on Tuesday. ....

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Apple iPhone to get Rs 12,841 crore push in India, Foxconn to invest…

In September, Union IT Minister Ashwini Vaishnaw said the government was “fully committed” to support Taiwanese electronics giant Foxconn’s ambitious plans to double its manufacturing capacity in the country.

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