stock_news_summaries_AI / news /AMZN /2023.02.08 /Foxconn in talks to invest in India's Karnataka state.txt
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"We are in serious discussion of investment plans with Hon Hai Technology Group (Foxconn) at their Taiwan HQ & look forward to a fruitful collaboration," Bommai said in a tweet. "We remain committed to welcome the best companies to the state & reap rewards for our people."The state's investment promotion arm also tweeted that representatives held a meeting at the company's Taiwan headquarters to discuss the investment, without providing further details.Taiwan-based Foxconn already has operations in Andhra Pradesh and Tamil Nadu, where it manufactures products for companies such as Apple Inc and Amazon.com Inc. (Reporting by Maria Ponnezhath in Bengaluru; Editing by Shailesh Kuber and Anil D'Silva)