Foxconn

According to Hon Hai Chairman Young Liu, the company is in the early stages of expanding further in the country, where it takes in around $10 billion of revenue annually

As per the proposal from Foxconn Industrial Internet, the investment would require 100 acres of land and generate 14,000 jobs

With this the government has reportedly expedited the establishment process of the INR 13,600 crore project, which is expected to create 50,000 jobs

As per available reports, the government is likely to tell the venture between Agarwal's Vedanta Resources Ltd. and Taiwan's Hon Hai Precision Industry Co. it won't get incentives to make 28-nanometer chips