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Foxconn Invests Rs 461 Crore in Bengaluru Unit - Vimarsana News

Foxconn Invests Rs 461 Crore in Bengaluru Unit

Taiwanese electronics manufacturing leader Foxconn has invested USD 55.29 million (around Rs 461 crore) in...

foxconn: Foxconn invests Rs 461 crore in Bengaluru unit - Vimarsana News

foxconn: Foxconn invests Rs 461 crore in Bengaluru unit

Foxconn Singapore has acquired about 46,08,76,736 shares at Rs 10 each, amounting to around USD 55.29 million (Rs 460.87 crore), according to the filing.

Foxconn invests Rs. 461 crore in Bengaluru unit, Telecom News, ET Telecom - Vimarsana News

Foxconn invests Rs. 461 crore in Bengaluru unit, Telecom News, ET Telecom

In July, Foxconn had proposed to set up a Rs 8,800-crore supplementary plant to that of its unit at the Devanahalli Information Technology Investment Region in Karnataka. It has also bought 300 acres in the area.

Foxconn pledges $55m to Bengaluru-based subsidiary - Vimarsana News

Foxconn pledges $55m to Bengaluru-based subsidiary

Taiwanese electronics giant Foxconn has taken a significant step towards expanding its manufacturing activity in India.