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Foxconn, a contract electronics manufacturer, has signed a letter of intent (LoI) with the Tamil Nadu government. The purpose is to invest $194 million (INR 1,600 Crores) in constructing a new mobile components manufacturing facility. The facility will be set up in the Kanchipuram district. Foxconn Industrial Internet (Fii), a subsidiary of Foxconn, will operate […]
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