
Foxconn: Apple provider exits $20bn India industrial facility plan
Foxconn, an Apple supplier, has walked away from a $19.5 billion (£15.2 billion) agreement with Indian mining giant Vedanta to build a chip-making plant there. The move comes under a year after the organizations reported plans to set up the office in State head Narendra Modi’s home province of Gujarat. A few examiners say it…