Foxconn to invest nearly $1.5 billion in India unit

The investment will be routed through the company’s Singapore subsidiary, which will buy more than 12 billion shares in the India unit.

20 May, 20252 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Business
Story image

What’s driving Tata’s rapid ascent in the iPhone supply chain?

Tata Electronics is making the most of Apple’s push in India amid a surge in high-end smartphone sales and geopolitical pressures.

Business
Story image

Does the Samsung India worker strike signal a deeper crisis?

The conglomerate’s Tamil Nadu unit is seeing its largest case of collective action and there seems to be more at stake than what meets the eye.

State of the Unicorns
Story image

The forgotten lessons of Hike—Part I

A three-part series that documents the rise and decline of the original Indian social media company.