Foxconn Signs Rs 1,600 Crore Deal To Set Up Plant In Tamil Nadu

The facility would be set up by Foxconn International Internet (FII) according to well-informed sources at Guidance Tamil Nadu, the nodal agency that draws investments to the state.

The Tamil Nadu government has signed a deal with tech giant Foxconn for a Rs 1,600 crore investment to manufacture mobile phone components in the state.

The facility would be set up by Foxconn International Internet (FII) according to well-informed sources at Guidance Tamil Nadu, the nodal agency that draws investments to the state.

"The new manufacturing facility would be set up in Kancheepuram district of Tamil Nadu. This would create 6,000 jobs. Foxconn Chief today met with Chief Minister MK Stalin.