🚨 Foxconn Investments in India.

1️⃣ $500 million investment to set up a manufacturing plant in Telangana. 96 acres of land allotted on the outskirts of Hyderabad.
- 25,000 jobs in 1st phase.

2️⃣ $350 million investment to set up an iPhone components facility in Karnataka.
- 12,000 jobs.

3️⃣ $250 million investment to set up a facility for chip making tools in partnership with Applied Materials.
- 1,000 jobs.

4️⃣ $194 million investment to set up a facility for electronic components in Kanchipuram, Tamil Nadu.
- 6,000 jobs.

5️⃣ In discussions to set up an electric vehicles factory in Tamil Nadu.

6️⃣ In discussions to set up a semiconductor plant in Gujarat on its own after withdrawing from a partnership with Vedanta.

Foxconn to invest $2 billion in India for the next 5 years.

JUST IN: India makes the first crude oil payment to the United Arab Emirates in Indian Rupees this week.

List of Major Leaders Attending G20 Summit 2023 in India 🇮🇳

🇮🇳 Narendra Modi: Prime Minister, India

🇺🇸 Joe Biden: President, United States of America

🇬🇧 Rishi Sunak: Prime Minister, UK

🇨🇳 Li Qiang: Premier, China (representing President Xi Jinping)

🇫🇷 Emmanuel Macron: President, France

🇩🇪 Olaf Scholz: Chancellor, Germany

🇯🇵 Fumio Kishida: Prime Minister, Japan

🇦🇺 Anthony Albanese: Prime Minister, Australia

🇷🇺 Sergei Lavrov: Foreign Minister, Russia (representing President Vladimir Putin)

🇦🇷 Alberto Fernandez: President, Argentina

🇧🇷 Luiz Inacio Lula da Silva: President, Brazil

🇨🇦 Justin Trudeau: Prime Minister, Canada

🇮🇩 Joko Widodo: President, Indonesia

🇮🇹 Giorgia Meloni: Prime Minister, Italy

🇸🇦 Mohammed bin Salman: Crown Prince, Saudi Arabia

🇿🇦 Cyril Ramaphosa: President, South Africa

🇰🇷 Yoon Suk Yeol: President, South Korea

🇹🇷 Recep Tayyip Erdogan: President, Turkiye

🇪🇺 Ursula von der Leyen and Charles Michel: President, European Commission; and President, European Council

Special Invitees Who Are Attending:

🇲🇺 Pravind Kumar Jugnauth: Prime Minister, Mauritius

🌍 Azali Assoumani: President of the African Union ( AU)

🇸🇬 Lee Hsien Loong: Prime Minister, Singapore

🇪🇬 Abdel Fattah al-Sisi: President, Egypt

🇧🇩 Sheikh Hasina: Prime Minister, Bangladesh

🇳🇱 Mark Rutte: Prime Minister, The Netherlands

🇳🇬 Bola Tinubu: President, Nigeria

🇦🇪 Sheikh Mohammed bin Zayed: President, UAE

🇴🇲 Haitham bin Tarik al-Said: Sultan, Oman

#G20India2023

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