1. Foxconn scouting for land parcels for expansion amid rumours of Apple’s plan to ramp up production in India

Foxconn scouting for land parcels for expansion amid rumours of Apple’s plan to ramp up production in India

India

  • Foxconn, the Taiwanese electronics manufacturer, is seeking a land parcel with Gujarat as its first priority.
  • TOI reports Foxconn executives have surveyed a land near Ahmedabad and are yet to make a final call.
  • Analysts say Gujarat's business-friendly environment is prompting the decision.
  • Foxconn is Apple's primary manufacturing partner, assembling a large share of the their products.

Source: timesofindia.indiatimes.com

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