Rumors about Apple opening up a factory in India (in the state of Maharashtra) aren’t exactly new. However, latest reports are suggesting that talks between the Cupertino-based company’s biggest manufacturer Foxconn and the Indian government are in advanced stages, and “the deal is close to being signed.”

Reports say Foxconn is looking for a 1,200 acre plot of land in the state, and has already identified multiple locations to choose from. The total cost of the project would be around $10 billion, and the manufacturing unit – which will be exclusive to Apple products – will start…

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