{"id":1017212,"date":"2026-06-27T07:51:32","date_gmt":"2026-06-27T02:21:32","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1017212"},"modified":"2026-06-27T07:51:38","modified_gmt":"2026-06-27T02:21:38","slug":"foxconn-infuses-rs-351-crore-into-india-arm","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/27\/foxconn-infuses-rs-351-crore-into-india-arm\/","title":{"rendered":"Foxconn infuses Rs 351 crore into India arm"},"content":{"rendered":"<p>New Delhi: Electronics manufacturing giant Foxconn has infused USD 37.2 million, or around Rs 351 crore, in its India arm Foxconn Hon Hai Technology India Mega Development Private Limited, said a regulatory filing. <\/p>\n<p>Foxconn has infused the fund through its Singapore-based subsidiary. <\/p>\n<p>With the latest transaction, Foxconn Singapore&#8217;s cumulative stake in the Chennai-based subsidiary has increased to 99.99 per cent at a valuation of USD 2.82 billion or about Rs 26,600 crore. <\/p>\n<p>\u200b&#8221;Subsidiary, Foxconn Singapore Pte Ltd, obtaining Foxconn Hon Hai Technology India Mega Development Private Limited Shares&#8230;total transaction amount: USD 37.2 million,&#8221; the filing dated June 25 said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Electronics manufacturing giant Foxconn has infused USD 37.2 million, or around Rs 351 crore, in its India arm Foxconn Hon Hai Technology India Mega Development Private Limited, said a regulatory filing. Foxconn has infused the fund through its Singapore-based subsidiary. With the latest transaction, Foxconn Singapore&#8217;s cumulative stake in the Chennai-based subsidiary has increased to 99.99 per cent at a valuation of USD 2.82 billion or about Rs 26,600 crore. \u200b&#8221;Subsidiary, Foxconn Singapore Pte Ltd, obtaining Foxconn Hon Hai Technology India Mega Development Private Limited Shares&#8230;total transaction amount: USD 37.2 million,&#8221; the filing dated June 25 said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-1017212","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1017212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1017212"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1017212\/revisions"}],"predecessor-version":[{"id":1017216,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1017212\/revisions\/1017216"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1017212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1017212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1017212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}