Delhi, 4 March 2023 (GNP): The State Government of Karnataka in Southern India stated on Friday that 300 acres have been set aside for the construction of a facility where Apple Inc.’s iPhones would soon be built.
According to sources, it was previously reported that Foxconn Technology Group, an Apple partner, intended to spend approximately $700 million at the Karnataka facility to increase local production.
Also Read: US dollar depreciated by PKR 8.34
In a tweet, the State’s investment promotion office claimed that the move will result in 100,000 new jobs over the following ten years.
