Foxconn Plans to Spend $5 Billion on Factories in Maharashtra Hitskin_logo Hitskin.com

This is a Hitskin.com skin preview
Install the skin • Return to the skin page

Coffeehouse for desis
Would you like to react to this message? Create an account in a few clicks or log in to continue.


Foxconn Plans to Spend $5 Billion on Factories in Maharashtra

2 posters

Coffeehouse for desis :: Coffeehouse :: Coffeehouse Main

Go down

Foxconn Plans to Spend $5 Billion on Factories in Maharashtra Empty Foxconn Plans to Spend $5 Billion on Factories in Maharashtra

Post by confuzzled dude Sat Aug 08, 2015 7:15 pm

Foxconn has made billion-dollar investment promises before that have failed to materialize. In 2014, Mr. Gou signed an agreement to spend a billion dollars over several years to build a factory in Indonesia, which has yet to happen. Foxconn has cited issues with high land prices and concerns about taxation, both of which are problems in India as well.

Foxconn also says that it wants to increase the amount of robots on its assembly lines to cut its costs, possibly reducing the number of human jobs these new factories will generate.
http://www.wsj.com/articles/foxconn-plans-to-spend-5-billion-on-factories-in-indias-maharashtra-state-1439035640

confuzzled dude

Posts : 10205
Join date : 2011-05-08

Back to top Go down

Foxconn Plans to Spend $5 Billion on Factories in Maharashtra Empty Re: Foxconn Plans to Spend $5 Billion on Factories in Maharashtra

Post by Marathadi-Saamiyaar Sun Aug 09, 2015 12:24 pm



Agree....Ma Bheta Pair should encourage Vadra-Maino group to invest in India - instead.

Marathadi-Saamiyaar

Posts : 17675
Join date : 2011-04-30
Age : 110

Back to top Go down

Foxconn Plans to Spend $5 Billion on Factories in Maharashtra Empty Re: Foxconn Plans to Spend $5 Billion on Factories in Maharashtra

Post by confuzzled dude Sun Aug 09, 2015 8:36 pm

Marathadi-Saamiyaar wrote:

Agree....Ma Bheta Pair should encourage Vadra-Maino group to invest in India - instead.
Hmmm.. Did you wonder why MH BJP government is giving away 1500 acres of prime land at a throw away price? What do you think Adani is going to do with it? He might build a factory in 100 acres land and the rest will be re-purposed in to the areas that will fetch him and his business buddies maximum profits. I realize that Chaddies in general are doltish but didn't expect them to be this bad Razz

confuzzled dude

Posts : 10205
Join date : 2011-05-08

Back to top Go down

Foxconn Plans to Spend $5 Billion on Factories in Maharashtra Empty Re: Foxconn Plans to Spend $5 Billion on Factories in Maharashtra

Post by Sponsored content


Sponsored content


Back to top Go down

Back to top

- Similar topics

Coffeehouse for desis :: Coffeehouse :: Coffeehouse Main

 
Permissions in this forum:
You cannot reply to topics in this forum