Foxconn to invest in India's Telangana state

FILE PHOTO: Private security guards stand at the entrance of a closed plant of Foxconn India unit, which makes iPhones for Apple Inc, near Chennai, India, December 22, 2021. Picture taken December 22, 2021. REUTERS/Sudarshan Varadhan

NEW DELHI (Reuters) - Apple supplier Foxconn will invest an undisclosed sum in India's southern state of Telangana towards an electronics manufacturing facility in the south Indian state, the state's chief minister said on Thursday.

The investment will create 100,000 jobs in the state, Telangana's IT minister KT Rama Rao said. The announcement followed a meeting between Telangana's chief minister and the chairman of Foxconn earlier in the day.