The data follows the iPhone-maker’s efforts to diversify production out of China, along with increasing investments in India from its suppliers
Earlier this month, Foxconn said it was seeking cooperation in India in new areas like chips and electric vehicles after a visit to the country by its chairman
The deal will see the Taiwanese iPhone maker produce AirPods for the first time in another significant shift of tech production away from China
The world's largest contract electronics maker forecast significant growth in computing, cloud and networking and component products
The legislation led to laws that give India's Karnataka state “one of the most flexible working regimes in India,” according to a report by the Financial Times
The Apple contractor has been carefully building an electric vehicle supply chain including the purchase of an Ohio auto production line
Foxconn chief met Indian Prime Minister Narendra Modi this week 'to build an ecosystem allowing all stakeholders to share, collaborate and thrive'
The world’s largest manufacturer of electronic parts has recently ramped up efforts to diversify production outside of China
The Taiwanese tech giant already has operations in Andhra Pradesh and Tamil Nadu, where it manufactures products for companies such as Apple and Amazon
Taiwan’s Economy Ministry said that while Foxconn had breached regulations, there was no concern about an ‘outflow of technology’