Vedanta's Agarwal said he supports Prime Minister Narendra Modi's drive to make India a semiconductor manufacturing hub, adding that "Foxconn is our technical partner"
The Taiwanese group, which is a key supplier for Apple, reported a 4% rise in first-quarter revenue despite chip shortages, supply chain issues and reduced demand for electronics
The plant, located in Tamil Nadu, was closed on December 18 following protests in the wake of a food poisoning incident
The factory, which employs 17,000 people, is expected to restart production with 1,000 workers on Thursday. State official inspected workers' hostels, which firm reportedly vowed to upgrade.
Three of Apple's top contract manufacturers plan to invest a total of almost $900 million in India in the next five years to tap into a new production-linked incentive plan, sources say