Deals
Foxconn’s Gou to Modi: Need Infrastructure for Investment
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Foxconn Technology Group is prepared to invest about $2 billion on technology projects in India over the next decade if the government addresses infrastructure deficiencies, according to Chairman Terry Gou.
“The government needs to improve infrastructure,” Gou, founder of the Taiwanese company that makes Apple Inc. iPhones, said at a press conference Tuesday in New Delhi. He cited issues such as electricity and transport. He also said he’s in talks with India’s Adani Enterprises Ltd.