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Foxconn invests ₹350 cr in India arm, raises stake to nearly 100%
short by Ishaan Mukherjee / on Friday, 26 June, 2026
Foxconn Singapore has invested $37.2 million (over ₹350 crore) in its Indian subsidiary Foxconn Hon Hai Technology India Mega Development through a share subscription, raising its stake to nearly 100%. Foxconn Singapore subscribed to 351.73 million shares of its India arm at ₹10 apiece, as per a regulatory filing. This takes Foxconn's total investment in India to about $2.82 billion
read more at Moneycontrol