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Foxconn wants further India investment
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Old 24th June 2020, 09:29   #1
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Default Foxconn wants further India investment

Sees bright outlook there

Foxconn is planning further investment in India and may announce details in the next few months as the world’s largest contract manufacturer views the outlook there very favourably.

Chairman Liu Young-way told Foxconn’s annual general meeting that looking ahead, India was a bright spot for development even though there was a “certain impact” at present due to the virus.

He said that Foxcon was pushing ahead with its next steps there and will be making some announcements in a few months’ time.

“We’ll have further investment there”, Liu said, without detailing plans or reasons for the firm’s view on the business outlook in India.

https://fudzilla.com/news/51054-foxc...dia-investment
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