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Phone manufacturer Foxconn disclosed plans to invest an additional $1.54B in India as it continues an expansion in the country.
Foxconn, the world's largest electronics contract manufacturer, did not reveal details of the construction project but said it's intended to meet its "operational needs."
According to a filing, the investment was made through Foxconn's subsidiary, Hon Hai Technology India Mega Development.
Foxconn, a major Apple supplier, has been diversifying its operations in India, with ongoing projects in Karnataka and Telangana states.
It follows Foxconn's exit from a $19.5B chipmaking joint venture in India a few months earlier.
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In August, Foxconn started producing the iPhone 15 in India. Foxconn is the leading supplier of the devices, covering around 58% of all orders.
The investment is in line with a broader trend of Apple suppliers and Taiwanese electronics manufacturers reevaluating their presence in China amid geopolitical tensions.
Apple wants to shift up to 25% of its production to India, from between 5% and 7% now.