The trouble is largest FDI projects in India have had a tragic history.
Headline-grabbing is part of Terry Gou's business plan.
It was not immediately known how many jobs the proposed new plants would eventually create.
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.
India's e-commerce sector is expected to touch $22bn in 2015.
Company signs MoU with state for its three-year plan; ties up with Subhash Ghai firm for content creation
Foxconn is yet to submit its land requirements to the Maharashtra government to set up its factories.
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 the world's largest contract manufacturer for electronic goods and makes iPhones for Apple and smartphones for its Chinese rival Xiaomi.
Local businesses are fretting over reform setbacks.
Analysts say it is a case of over-promise and under-delivery.
PM Modi's China visit may strengthen ties between both the countries.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances