Foxconn India to Spend Rs 1,200 Cr to Build a Factory, scale up Operations – The Economic Times

The investment was made through a Foxconn subsidiary — Hon Hai Technology India Mega Development. The Taiwanese contract manufacturer has been rapidly scaling its operations in India. In fact, only last month, the company announced that it would invest $37.2 million and would join hands with HCL Group to establish a chip packaging and testing facility in India.