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Setting up a facility in India could help cut Foxconn's labour costs and boost sales of iPhones in a country that boasts 952 million mobile connections (AFP PhotoSam Yeh)

Apple iPhone manufacturer Foxconn has agreed to invest $5 billion on a new plant in the western Indian state of Maharashtra Cheap Green Bay Packers Jerseys , a government official said Saturday, in a major boost for Prime Minister Narendra Modi.


The Taiwanese firm's chairman Terry Gou signed a memorandum of understanding with Maharashtra's chief minister Devendra Fadnavis in India's financial capital of Mumbai.


"Extremely elated to witness the signing of 5 billion dollar MoU between GoM (government of Maharashtra) & Foxconn with employment generation of 50 Cheap Houston Texans Jerseys ,000", Fadnavis wrote on Twitter.


The investment on the new manufacturing facility will take place over five years.


The Apple supplier Cheap Indianapolis Colts Jerseys , also known as Hon Hai Precision Industry, is the world's largest computer components manufacturer and also assembles products for Sony and Nokia.


Setting up a facility in India could help cut Foxconn's labour costs and boost sales of iPhones in a country that boasts 952 million mobile connections.


In June Cheap Jacksonville Jaguars Jerseys , Maharashtra's industry minister Subhash Desai told AFP that Foxconn was in talks with the Indian government to build a plant in the state as the business-friendly Modi seeks to boost foreign investment in Asia's third-largest economy.


Desai had said local officials had pitched several possible sites to the Taiwanese technology giant.


Modi swept to power at elections in May 2014 pledging to attract overseas businesses to the country as he promised to inject life into a stuttering economy .


He later launched his "Make in India" campaign which aimed to send a message to the world that India was open for business.


by Gordan Gabrovec


ZAGREB, May 23 (Xinhua) -- Huge investment into the first squadsof the best clubs is not crucial for China to fulfill its plan tobecome a football powerhouse by 2050, said Miro Blazevic Jr.,founder and owner of the first football school in Croatia.


In a recent interview, Miro Blazevic, the son of the most famousCroatian coach Miroslav Ciro Blazevic, told Xinhua, "Money is notthe issue. Only this year, the Chinese clubs have spent 400 millioneuros (about 360 million US dollars) to absorb foreign players,which is 'crazy'. The money is enough to build 400 footballschools."


"When you're building a pyramid, you have to start from the baseinstead of the top structure. First of all, you must teach kids howto love and play the ball," Miro Blazevic pointed out.


"First, you have to build infrastructure so that the kids havesmall pitches where they can develop basic skills from early age.Second, you have to build a network of coaches who must be welleducated.


"This has to be the base up until the age of 12 or 13. That'sthe time when kids start to be mo. Wholesale NFL Jerseys Wholesale Jerseys China Wholesale NBA Jerseys China Wholesale Authentic Jerseys Wholesale Jerseys China Free Shipping Cheap Jerseys China Cheap NCAA Jerseys Under Armour Shoes Outlet Under Armour Shoes Outelt Under Armour Shoes Outlet
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