No new investments discussed with TN, says Foxconn; state clarifies that Rs 15,000 crore commitment being announced only now

Foxconn clarified it did not discuss new investments in Tamil Nadu after its India representative Robert Wu, met with the state’s chief minister, MK Stalin. While Foxconn confirmed the meeting, it stated no fresh investments were discussed. The state government maintained the investment was discussed and is a significant boost for job creation.