 "Foxconn")
Last week, Foxconn Technology group, the world’s largest electronics manufacturing services (EMS) player, was caught in the middle of a controversy. The fiercely competitive governments of Telangana and Karnataka nearly simultaneously claimed that the Taiwanese giant had signed up to make big investments in their respective states to manufacture electronics, which would generate over 100,000 jobs in each state.
The Taiwanese company added to the fire by saying that no “definitive agreements” for fresh investments had been signed. The next day, it walked back that statement by sending letters to both chief ministers saying it was committed to the agreements
