Current Affairs - Finance - Discussion

Discussion Forum : Finance - Latest Current Affairs (Q.No. 218)
218.
What is the main reason behind Foxconn's $1.5 billion investment in India?
To support Apple's expansion in the Indian market
To strengthen its presence in China
To diversify its manufacturing beyond China
To compete with technological rivals in India
Answer: Option
Explanation:
Foxconn's investment of $1.5 billion in India is primarily aimed at diversifying its manufacturing beyond China, a strategic move following disruptions in its Chinese operations during the COVID-19 lockdowns in 2022.
Discussion:
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