And in today’s headlines from India:
- “Foxconn Likely to Shy Away from $5 bn Investment in Maharashtra“: “Although the world’s largest contract electronics manufacturer — which makes Apple’s iPhone and iPad — had entered into a pact with the state government in August last year, the company is yet to start its production unit in the ‘absence’ of customers.”
- “Come Clean on Foxconn Deal, Opposition Tells Maharashtra Government”: “The opposition Congress and Nationalist Congress Party on Thursday demanded clarification from the Maharashtra government on the proposed $5 billion investment by Taiwan-based Foxconn Technology Group.”
As we were saying …