78,000 homes to be built for Apple workers in India ...News

The tech giant’s partners are planning to develop housing similar to China’s ‘iPhone City’, according to reports Apple is planning to build around 78,000 homes for its workers in India, the Economic Times reported on Monday. The project will be partially funded by the government, and will involve Indian conglomerate Tata, Taiwan-based major Foxconn, and Finnish firm Salcomp. Foxconn, one of Apple’s largest suppliers, pledged to invest $1.5 billion in the project last year, building nearly 35,000 of the housing units for workers at its factory in Sriperumbudur, Tamil Nadu. Tata Electronics will be building 11,000 o

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