Adani Enterprises Shares form a JV with Foxconn [ Current Affairs ]


About Adani Enterprises Shares: Adani Group is an Indian multinational company. It’s headquarter is in Ahmedabad of Gujarat, India. Its expanded businesses include resources, logistics, agri-business and energy sectors.

  • Mundra being the country’s largest commercial port with its largest port developer and operators.
  • Adani Enterprises Limited is the Top Company of the Adani group.

About Foxconn:

  • Foxconn Technology Group is an exchanged name of Hon Hai Precision Industry Co., Ltd.
  • Founder of Foxconn is Terry Gou, who is also chairman of this company.
  • It is a Taiwanese multinational electronics contract manufacturing company.
  • It’s headquarter is in Tucheng, New Taipei, Taiwan.
  • It is the world’s largest electronics contractor manufacturer, and the third-largest information technology company by revenue.

About Joint Venture of Adani enterprise and Foxconn:

  • Adani Enterprises shares jumped as much as 9.1 percent on assumption that the company will form a joint venture with Taiwan-based Foxconn for investment in India.

- Published on: August 5, 2015