Foxconn unit in talks for $200 million components plant in India's Tamil Nadu -sources

TL;DR

By Praveen Paramasivam and Munsif VengattilBrand Cheng, CEO of Foxconn Industrial Internet (FII), and other company representatives last week met Tamil Nadu officials including its chief minister to discuss investments in the state, the government said in a statement after the meeting, without elaborating. Foxconn, the world's largest contract electronics manufacturer, and a spokesperson for Tamil Nadu's industries department declined to comment. Foxconn is also in talks with western Gujarat state as it eyes entry into India's semiconductor sector

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