Maharashtra Sweet­ens Deal for Fox­conn, Of­fers Fresh Sop

The Economic Times - - Front Page -

In a last-ditch at­tempt to get man­u­fac­tur­ing gi­ant Fox­conn to in­vest in Maharashtra, the state has of­fered to com­pen­sate the Tai­wanese co the 11.5% im­port duty levied by the Cen­tre. State of­fi­cials met se­nior ex­ec­u­tives of Fox­conn on Tues­day and have given a pro­posal that the state could com­pen­sate ei­ther by giv­ing a grant or a sub­sidy to the com­pany.

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