India’s Karnataka government approves $968 million investment from Apple assembler Foxconn

The state of Karnataka in southern India has approved an 80 billion rupee ($967.91 million) investment in the state by a unit of main Apple assembler Foxconn.
The logo of electronics contract manufacturer Foxconn Technology Group, formally known as Hon Hai Precision Industry, is displayed at its headquarters in Taipei. Photo: Agence France-Presse
Reuters:The investment will lead to the creation of 50,000 jobs, the government said in a statement on Monday.
The Apple supplier had won an order to m