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Apple Vendor Foxconn pumps $1.48 billion into Tamil Nadu unit

IndiaTimes Monday, 19 May 2025 ()
Foxconn has invested $1.48 billion in its India operations, specifically in its Tamil Nadu-based unit, Yuzhan Technology. This investment supports Apple's strategy to diversify iPhone production beyond China, with a significant portion of iPhones sold in the US now sourced from India.
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