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Tag Archives: Trade with India

Foxconn to invest $1 billion in India to move iPhone production from China

Factory workers. Foxconn binders

PortandTerminal.com, July 11, 2020 Foxconn investing $1 billion to expand its production in India | Move comes from “a strong request from Apple.” NEW DELHI –  Foxconn, the Taiwanese electronic contract manufacturer, which assembles Apple iPhones is reportedly planning to invest up to $1 billion in India as repositions some its production. Apple has been rumored to be working on …

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US in talks with India, other ‘friends’ to restructure global supply chains: Pompeo

Workers are seen on a production line manufacturing masks at a factory in Shanghai, China, Jan. 31, 2020.

PortandTerminal.com, April 30, 2020 WASHINGTON – The US is in talks with its “friends”, including India, for restructuring the global supply chains, Secretary of State Mike Pompeo has said, as he praised New Delhi for lifting the export ban on critical medical supplies to combat the global coronavirus pandemic. The novel coronavirus has infected over 3,224,079 people and claimed more …

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