Foxconn may fail to invest promised $5b in Indian state Maharashtra

Foxconn may fail to invest promised $5b in Indian state Maharashtra

The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company's headquarters in New Taipei City, Taiwan March 29, 2016. REUTERS/Tyrone Siu/File Photo

Foxconn chairman Terry Gou, founder of the world’s largest contract electronics maker, promised $5 billion in investments and 50,000 jobs to Maharashtra in 2015.

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