The trouble is largest FDI projects in India have had a tragic history.
Headline-grabbing is part of Terry Gou's business plan.
CM makes 'Make in Maharashtra' pitch to China.
As per market estimates, the new round would value the city-based firm at about $ 4-5 billion.
It was not immediately known how many jobs the proposed new plants would eventually create.
India's e-commerce sector is expected to touch $22bn in 2015.
The Sampark Foundation boasts of a $100 million outlay funded entirely by the Nayars and represents more than half of their wealth.
The move is a show of faith from three of the world's biggest technology companies in fast-growing Snapdeal
Foxconn is yet to submit its land requirements to the Maharashtra government to set up its factories.
Company signs MoU with state for its three-year plan; ties up with Subhash Ghai firm for content creation
Local businesses are fretting over reform setbacks.
Foxconn is the world's largest contract manufacturer for electronic goods and makes iPhones for Apple and smartphones for its Chinese rival Xiaomi.
PM Modi's China visit may strengthen ties between both the countries.
Analysts say it is a case of over-promise and under-delivery.
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