Foxconn Gets Taiwan Govt Nod To Invest $2.2 Bn In US & India

Foxconn has reportedly received a go ahead from Taiwan’s ministry of economic affairs to invest $2.2 Bn in India and the US

The electronic and semiconductor manufacturing giant will infuse $1.49 Bn in its India entity via the Singapore entity

In May, the Taiwan-based company invested $1.48 Bn in its India entity

Taiwanese electronics major Hon Hai Precision Industry Co, also known as Foxconn, has reportedly secured approval from Taiwan’s ministry of economic…