Foxconn to reportedly manufacture Lumia devices in India

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The Times of India reports that Microsoft is closing in on an agreement that will have its smartphones rolling out of Foxconn's factory in Sri City, Andhra Pradesh.

Foxconn, the Taiwanese contract manufacturer, makes phones for top global brands like Apple, as well as the Nokia N1 tablet, and has been revving its plans in India recently. Terry Gou, chairman of Foxconn Technology Group, had recently visited India and made a statement that the company will commit $2 billion to set up 10-12 factories across the country with initial plans for Andhra Pradesh, Maharashtra and Gujarat.

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