Foxconn Infuses ₹351 Crore Into India Arm
Published on: June 27, 2026, 11:02 a.m. | Source: Outlook Business
Foxconn has infused $37.2 million (₹351 crore) into its India arm, Foxconn Hon Hai Technology India Mega Development, via its Singapore subsidiary, raising Foxconn Singapore’s stake in the Chennai iPhone manufacturing unit to 99.99% and valuing it at $2.82 billion, following last year’s $1.48 billion investment in Tamil Nadu’s Yuzhan Technology.
