A Foxconn subsidiary is in discussions with the Tamil Nadu government about investing up to $200 million to establish a new electronic component manufacturing facility in the country's southern area.

In order to discuss investments in the state, Brand Cheng, CEO of Foxconn Industrial Internet (FII), and other corporate executives met with Tamil Nadu officials last week, including the chief minister, according to a statement released by the government without going into further detail.

FII, which makes communication, mobile network and cloud computing equipment, has shared a plan with state officials to initially invest $180 million to $200 million in the facility, said one of the sources.

Foxconn, the world's largest contract electronics manufacturer, and a spokesperson for Tamil Nadu's industries department declined to comment.

Foxconn already has a sprawling campus near Chennai city in Tamil Nadu where it assembles Apple's iPhones.