Foxconn in Serious Talks With Karnataka Government Over Investment Plans

India's southern Karnataka state is in serious talks with Taiwan's Foxconn over investment plans, Chief Minister Basavaraj Bommai said on Wednesday, potentially setting it up as the Indian third state to host Foxconn. Foxconn is said to be the world’s largest electronics manufacturer. As of last year, it ranks 20th in the Fortune Global 500.

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