May 15 (UPI) -- Foxconn Interconnect Technology held a ribbon-cutting ceremony Monday on a new $500 million manufacturing facility in Telangana, India.
The facility will be located on a 196-acre plot of land outside the city of Hyderabad, designated by the Telangana State Industrial Infrastructure Corporation. Telangana Industries Minister K.T. Rama Rao said in a statement that an agreement was entered on March 2.