Home Business iPhone in India: Foxconn to manufacture smartphones in Karnataka by April 2024

iPhone in India: Foxconn to manufacture smartphones in Karnataka by April 2024

by news

Apple's biggest supplier Foxconn will start manufacturing iPhones in the southern Indian state of Karnataka by April next year, the state government has said.
The project will create around 50,000 jobs, it said.
Taiwan-based Foxconn manufactures the majority of Apple's phones.
The firm has been making older versions of iPhones at a facility in the neighbouring state of Tamil Nadu since 2017.
Last month, the company announced it had bought 1.2m sqm (13m sqft) of land near Bengaluru city in Karnataka.
Bloomberg reported Foxconn planned to invest $700m (£566m) on a new factory in the state. On Thursday, the Karnataka government said the project was valued at $1.59bn.
Land for the factory would be handed over to company by 1 July, it said in its statement.
According to Reuters, Foxconn has set a target of manufacturing 20 million iPhones a year at the plant in Karnataka.
Apple's decision to manufacture their flagship model in India and diversify its supply chains away from China comes as trade tensions rise between Washington and Beijing.
Apple makes most of its phones in China. In India, iPhones are assembled by several Apple suppliers, including Foxconn. It currently accounts for 5% of total iPhone production.
The company struggled to compete in the Indian market which is dominated by the much cheaper South Korean and Chinese smartphones.
Apple CEO Tim Cook was in India in April to launch the country's first two Apple stores.
BBC News India is now on YouTube. Click here to subscribe and watch our documentaries, explainers and features.
Russia has blown up major Ukrainian dam, says Kyiv
Ukraine troops advance on eastern front, Kyiv says
Inside the Taliban's drug war – opium poppy crops slashed
Can UK’s Storm Shadow missiles change Ukraine war?
Why Putin has put this religious art on display
The one thing Mike Pence needs to beat his old boss
Who is no longer world's richest? Our quickfire quiz…
Haunting images of deadly India train crash in 2002
Jason Derulo makes 'unsexy' investment in car wash
Why personalised medicine hasn't arrived
How is my country doing tackling climate change?
Kashmir battles alarming drug addiction crisis
The rise of the 'no-wash' movement
Why the city that never sleeps is slowly sinking
The generation clocking the most hours
© 2023 BBC. The BBC is not responsible for the content of external sites. Read about our approach to external linking.


Related Posts