Which state signed a 1,600 crore deal with a Foxconn subsidiary to establish a manufacturing facility for electronic components?
Tamil Nadu.
2023 August
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A letter of intent was signed between the Tamil Nadu government and the Taiwanese company Foxconn Technology Group to invest Rs. 1,600 crore to build a manufacturing facility in the Kancheepuram district. Foxconn is a significant supplier to Apple Inc. Chief Minister M.K. Stalin and Foxconn Chairman Young Liu were present when the letter of intent was signed. The facility could have 6,000 workers on staff.