Apple Supplier Foxconn Puts ₹11,250 Crore Into India, Lessens Dependence on China

Unknown Apr 02, 2026 800 Views

It is a strategic victory for India and a setback to China's dominance in manufacturing as Apple's leading contractor Foxconn (Hon Hai Precision) made a huge ₹11,250 crore ($1.48 billion) investment in its Tamil Nadu facility, Yuzhan Technology (India) Private Limited, in the last week. T...