Taiwan's Foxconn to invest $1.5b to expand India operations

Taiwan's Foxconn to invest $1.5b to expand India operations

FILE PHOTO: A Foxconn shareholder poses for photos after the annual shareholder meeting in New Taipei City, Taiwan May 31, 2023. REUTERS/Ann Wang/File Photo

Taiwan’s Foxconn will invest $1.5 billion in India in its latest expansion plan, the world’s largest contract manufacturer of electronics said on Monday.