Foxconn reiterates plans to invest in Maharashtra

Taipei-based Foxconn Technology, the makers of Apple’s iPhone and iPad, has reiterated its plans to set up production facility in Maharashtra.

 In a meeting held on Tuesday, Maharashtra Chief Minister Devendra Fadnavis held discussions with Simon C P Hsing and Vincent Huang of Foxconn with regards to setting up of a manufacturing facility in the state. “This is in continuation of ongoing process of dialogue with Foxconn, a world major in manufacturing of brands like iPhone and other products,” Fadnavis tweeted after the meeting.

 Foxconn had committed to invest $5 billion in the state through an MoU signed in August 2015, and had promised to create direct employment for 50,000 people in the state.

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