Apple manufacturing partner Foxconn is close to signing a deal with the Indian government to open an iPhone manufacturing plant in the country, reports the Economic Times. More specifically, the company is looking for a 1,200-acre plot of land in Maharashtra.
Today's news comes nearly one year after we first heard of Foxconn's interest in building facilities in India. If the deal goes through, the electronics-maker hopes to construct a $10 billion building for assembling Apple's smartphones, and others would likely follow.