India’s Southern State Secures Over $4.39 Billion in Investments from Apple Suppliers, Hyundai, and Others
In a significant boost to India's southern state of Tamil Nadu, investment agreements totaling more than $4.39 billion were signed with prominent firms, including major Apple suppliers Tata Electronics and Pegatron and automotive giant Hyundai Motors. The state, known for its pro-business environment, has positioned itself as an attractive destination for global companies seeking to diversify production away from China. Apple, eyeing India as a pivotal driver of its future growth, has aligned with Tata Electronics and Pegatron. Tata Electronics, a part of the Tata Group, committed to a substantial investment of 120.8 billion Indian rupees ($1 = 83.1030 Indian...