Apple supplier Salcomp to invest $279 million in new Indian plant
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NEW DELHI (Reuters) - Finland's Salcomp, a supplier to U.S. tech group Apple, is to invest 20 billion rupees (216.37 million pounds) in India to make mobile chargers and other smartphone components from March 2020, the country's technology minister said on Monday.Salcomp has reached an agreement to take over a facility, formerly owned by Nokia, in the southern Indian city of Chennai and will begin operations at the site by March, Ravi Shankar Prasad told a news conference.Salcomp, a major..