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Foxconn is also expanding beyond consumer electronics assembly for Apple with its major investments is in electric vehicles
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This investment comes on the heels of Foxconn Chairman Young Liu's recent visit to India, where he met with Prime Minister Narendra Modi and other key leaders
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Foxconn's investment in Bengaluru's Project Elephant and Project Cheetah enables a push in the local innovation and industrial sectors
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During the discussions, the Karnataka CM assured Liu of Karnataka’s strong support for Foxconn’s projects
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Highlighting the wonderful opportunities that India offers in futuristic sectors, Modi discusses Foxconn’s investment plans in India
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The landowners' compensation was also confirmed by KIADB CEO M Mahesh, who said his organisation is payable to the deposit as directed by the Bengaluru local court
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