Published 15:10 IST, July 24th 2020
Apple to make iPhone 11 in India for the first time, Goyal says boost to 'Make in India'
Commerce and Industry Ministry Piyush Goyal confirmed on July 24 that Apple has started “manufacturing” its flagship iPhone 11 at the Foxconn plant near Chennai
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Commerce and Industry Ministry Piyush Goyal confirmed on July 24 that Apple has started “manufacturing” its flagship iPhone 11 at Foxconn plant near Chennai. Foxconn, world's biggest contract electronics maker, currently has two plants in Tamil Nadu and Andhra Pradesh where it assembles Apple and Xiaomi smartphones.
Taiwanese company started assembly line for iPhone XR in country in late 2019. Calling it a significant boost to Indian government’s “Make in India” programme, Goyal said that making of iPhone 11 in India will bring a top-of--line model for first time in country.
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Earlier this month, reports suggested that Foxconn has planned to invest $1 billion in India amid rising anti-China sentiments due to its expansionist behaviour and handling of coronavirus. Some of industries and conglomerates across world have been contemplating on gradually moving out from China to reduce over-dependence on an authoritarian state.
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'Furr investment'
In company’s annual general, Foxconn Chairman Liu Young-way said y are fully pushing ahead with next steps in India, and maybe in a few months’ time, y will be able to reveal on next steps on company’s website and report back to everyone. “We will have a furr investment re,” he said without revealing furr details n.
investment will reportedly take place over three years and will add about 6,000 jobs at Sriperumbur plant in Tamil Nadu, which at present manufactures iPhone iPhone XR, Apple’s cheaper flagship iPhone. older version of iPhone SE and some or models that have been discontinued by company were also manufactured in Sriperumbur plant. assembly of iPhone 11 in India would help Apple avoid a 20 per cent tax that it pays for importing handset from its global manufacturing facilities.
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15:10 IST, July 24th 2020