Foxconn buys equipment worth Rs 267 cr for India factory to locally make iPhone 16 Pro series
By
CS Mathew
New Delhi: Taiwanese electronics giant Foxconn has procured equipment worth USD 31.8 million (about Rs 267 crore) for its India factory as it gears up to start manufacturing of iPhone 16 Pro Series at its Tamil Nadu unit, according to a regulatory filing and industry sources.