Foxconn Denies Investment Claim in Tamil Nadu
Taiwanese semiconductor giant Foxconn has denied claims of committing Rs 15,000 crore of additional investment in Tamil Nadu.
A day earlier, Tamil Nadu Industries Minister TRB Rajaa claimed on social media platform X that Foxconn has committed an investment of Rs 15,000 crore, leading to 14,000 high-value jobs.
No new investments were discussed
according to Foxconn's statement to the Times of India, after a meeting between its India representative Robert Wu and Chief Minister MK Stalin.
Author's summary: Foxconn denies Rs 15,000 crore investment claim.
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