Foxconn ramps up India play with Rs 12,800-crore investment in iPhone hub

Apple vendor Foxconn has invested USD 1.48 billion or about Rs Rs 12,800 crore in its India unit in the last five days, the company said in a regulatory note.

Foxconn has made investment in its Tamil Nadu unit, Yuzhan Technology (India) Private Limited, through it Singapore-based arm.