New Delhi, June 26 (IANS) Foxconn Singapore — a subsidiary of Taiwan’s Hon Hai Technology Group — has approved an investment of $37.2 million in its India-based subsidiary, Foxconn Hon Hai Technology India Mega Development Private Limited, as part of its long-term investment strategy, according to the company’s regulatory filing.The company’s board of directors approved the investment through the subscription of approximately 351.73 million common shares of the Indian subsidiary at a face valu…
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