Foxconn to establish manufacturing plant in Indonesia
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE
Foxconn has expressed its desire to come up with a manufacturing plant in Indonesia. The investment will be approximately US$1 billion and will create over 1 million jobs for the Indonesians. Talks are going on between Foxconn and the Indonesia's Ministry of Industry.
Foxconn representative commented, "We are looking forward to establishing a new manufacturing plant in Indonesia, although nothing is finalized yet. This will help us in manufacturing good quality products and make them available in the markets at lower prices. With this, Indonesians will also get better employment opportunities. We will continue our efforts in establishing more manufacturing plants across the globe."
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