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Comment by paxys | Hacker News Reader

After their disaster in Wisconsin I'm going to wait till they actually spend the money before considering it newsworthy.

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Indeed. Those who aren't aware can read this article [1] or listen to this brilliant podcast episode from Reply All [2].

[1]: https://www.bloomberg.com/news/features/2019-02-06/inside-wi...

[2]: https://gimletmedia.com/shows/reply-all/wbhjwd/

Just because US/Wisconsin could not get it done does not mean no one can get it done.

USA had much higher costs, even outside of population centers, and too much dependence on tax shelters. It may not be the same in india.

India is notorious for barriers to entry on top of massive infrastructure deficits. There's promising policy movement in some provinces recently, but historically these initiates have not panned out. There's a reason Superpower2020 is a meme.

I mean it happened with the same company just a few months back.

Foxconn canceled $5 billion investment plan in India because of a land deal - https://www.gsmarena.com/foxconn_cancels_plans_for_5_billion...

Unlike the US, Foxconn has functioning plants in India where they are already making iPhones and Nokia devices.

This investment is not a greenfield one like in the US. It's further investment in an already successful venture. So very few chances of a Wisconsin repeat.

Its the same billion they were supposed to invest in Wisconsin.

Never do with tax breaks what you can do with tariffs.

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