Apple iPhone maker Foxconn is planning $700 million plant in India, according to a report in Bloomberg. The move is seen as a shift away from China. The move to shift its plant to India comes amid the brewing tensions between Washington and Beijing. Apple iPhone Manufacturing To Be Increased to 50% in India by 2027.
Foxconn Plans $700 Million Plant in India
EXCLUSIVE: Apple iPhone maker Foxconn plans $700 million plant in India, in shift away from China https://t.co/3GIqqJwbXx
— Bloomberg (@business) March 3, 2023
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