Foxconn’s Yuzhan Technology invests ?13,180 crore for factory in Tamil Nadu

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Yuzhan Technology (India), a subsidiary of Taiwanese contract manufacturer Foxconn, is set to establish a factory in Tamil Nadu with an approved investment of ?13,180 crore by the Tamil Nadu Cabinet. The company has secured 500,000 square feet at the ESR Oragadam Industrial & Logistics Park, adjacent to its existing smartphone assembly plant near Chennai. This investment marks a significant expansion of Foxconn’s operations in the region, contributing to local industrial growth.

Note: The above-mentioned news was first published by us in our ProjectX India | 1st November 2024 edition.. Do you want to buy this issue or our latest issue? If yes! click here

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