MUMBAI -- Amazon's first foray into producing devices in India begins later this year, the U.S. e-commerce company announced Tuesday, saying the move reflects its "commitment" to New Delhi's efforts to build a more independent supply chain.
Amazon will produce Fire TV Stick devices in the country. Manufacturing will be handled by a subsidiary of Taiwan's Hon Hai Precision Industry -- the iPhone assembler better known as Foxconn -- at a plant in Chennai. The effort "will be able to produce hundreds of thousands" of devices a year, according to an Amazon statement.
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