# Foxconn invests $37.2 million in new India joint venture company

Foxconn (Hon Hai Precision Industry) announced a supplementary investment of USD 37.2 million to acquire shares in a new joint venture company in India, with a potential additional investment of up to USD 13.31 million.

- Type: Investment
- Announced: 2024-01-17
- Where: India
- Value: $37.2M
- Status: announced
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Hon Hai Precision Industry Co., Ltd.](https://endata.com/companies/17449.md)

## Sources

- [investegate.co.uk](https://www.investegate.co.uk/announcement/rns/hon-hai-precision-industry-co-ltd--hhpd/supplementary-announcement-on-2024-1-17-/8453598), 2024-01-17: "Total transaction price: USD 37,200,000"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.