FOXCONN plans USD 5 Billion investment into Maharashtra, India over 5 years

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#Foxconn, global heavy weight in contract manufacturing, with customers such as #Apple, #Samsung, announced today in Maharashtra, India that it would commit USD 5 Billion investment over the next 5 years.

http://telecom.economictimes.indiatimes.com/news/devices/foxconn-plans-5-billion-investment-over-5-years-in-maharashtra-facility/48402209

This is a significant win for Maharashtra state, which houses Mumbai, the financial capital of India and could dramatically boost mobile phone production in the world’s second largest mobile phone market on the planet.

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