Foxconn Bought a Big Site in Bengaluru
Foxconn company, which manufactures iPhone, has recently bought land in Bengaluru, it is being told that the company will set up an iPhone Manufacturing plant on this land. The company has bought this land in Bengaluru for $ 37 million i.e. Rs 303 crore.
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According to reports, apart from making parts in this plant, the company will also assemble Apple’s Handsets. It is also being told that Foxconn may also use the site to manufacture parts for a new electric vehicle business.
Earlier, Chief Minister of Karnataka State Basavaraj S. Bommai said in March that Apple would soon manufacture iPhones at a new plant in the state, which would create about 100,000 jobs.