Foxconn of the toy world, a manufacturer of superhero figures and toy dart guns for companies in the global toy industry, is now aiming to set up India’s first toy manufacturing cluster in Karnataka. Aequs Private Limited is developing a 400-acre toy manufacturing cluster at Koppal in Karnataka at an investment of USD 500 million,…
Masayoshi Son-led SoftBank is planning to sell its majority stake in SBG Cleantech, its high-profile renewables joint venture in India, as per a report by the Economic Times. The move has been seen as part of SoftBank’s ongoing review of businesses around the world to increase liquidity. Reports even suggest that SoftBank has invested close…
Taiwanese multinational electronics contract manufacturing company, Foxconn Technology Group will invest well over Rs 1,500 crore to have new production lines to manufacture certain iPhone models in its factory in Sriperumbudur near Chennai, according to an ET post. Currently, Wistron, another Taiwanese smartphone manufacturing company makes Apple phones such as the iPhone 6S and SE models in Bengaluru in…