Skip to main content

Foxconn plans to invest more in India.

Foxcon from China has invested Rs. 8,300 crore is planned to be invested. The investment will be made in a plant that Apple is setting up in Bengaluru to manufacture devices.

Foxconn plans to invest more in India.
Foxconn

What is the investment of Foxconn in India

Apple's contract manufacturer foxconn is setting up a 300-acre plant in Bangalore to manufacture Apple devices in India.

Earlier, foxconn had spent Rs. 13,280 crore had been approved for investment. In addition to this Rs. 8,300 crore investment approved by the company. With this, faxcon's total investment in India is Rs. 20,580 crores.

With this investment, Apple's next-generation devices will be manufactured at a plant set up in Bangalore. The plant is expected to be operational by 2024.

Foxconn is one of Apple's major contract manufacturers. The company manufactures devices such as Apple's iPhone, iPad, and i-Mac.

As manufacturing costs rise in China, Apple is looking to shift production to other countries. This investment in India is part of that initiative by Apple.

Foxconn is said to be making the investment in an effort to set up a global manufacturing hub for China.

Comments

Popular posts from this blog

Today gold price April 2025

Today gold rate status in tamilnadu, 22 carat gold is a type of gold alloy that is 91.67% pure gold. The remaining 8.33% is made up of other metals, such as copper, silver, or zinc. This makes 22 carat gold more durable than 24 carat gold, which is 99.99% pure gold. 22 carat gold is also more affordable than 24 carat gold.  Today's Gold Silver price Updated on 05th April 2025 What is the rate of 1 gram gold in Tamil Nadu Today gold silver price 22/24 carat 22ct 1 gm ₹8,310/110⬇️ 24ct 10 gm ₹91,600/1400⏬ 1 gm silver103,00/R5⬇️ 1kg Bar silver ₹90,700 /5300 ⏬ Trading gold silver market live USDINR Rates by TradingView GOLD Quotes by TradingView SILVER Quotes by TradingView The purity of gold is measured in carats, with 24 c...

This gold price is not permanent.

This gold price is not permanent, but when people think of a problem in the country, they buy gold first. It is good to buy as much as needed, but buying too much is foolish. When there is a famine, the things they buy are food, clothing, and money. If we don't have money, it is difficult to sell gold for urgent needs. Gold price Gold market crash history   Will there ever be a situation where gold , which has been rising very, very rapidly in a short period of time, will become a commodity? Studies on gold say that it may come. If we look at the price of gold over the past 50 years, rather than just 10 or 20 years, it seems that what you are saying has happened. That is, in September 1980, the price of 1 ounce of gold touched $666. 19 years later, in September 1999, the same 1 ounce of gold was sold for $255. A 62 percent decline. An ounce did not touch $666 again until 2007. That is, 27 years later. Next, in 2012, 1 ounce of gold touched $1,772. But, in just three ye...

What are the retirement expectations of Indian youth?

A majority of the Indian youth want to retire early and are expecting a large pension, a study has revealed.    Retirement plan Retirement preferences of Indian youth In a survey conducted by Grant Thornton Bharat among various stakeholders across India to find out about retirement planning, more than 55 percent of the participants said that they expect a pension of more than Rs 1 lakh per month during retirement. However, it has also been revealed that the savings they have made are not enough to compensate for this. This study reveals that there is a huge gap between pension preferences and retirement planning.  Most of the participants in the study said that they want to retire before the age of 45 to 55. However, they rely on traditional means such as provident fund, national pension scheme, and gratuity for retirement planning. More than 76 percent of the participants in the study said that they have not invested in annuity plans. The study emphasizes ...