Apple too set to join PM Modi’s Make in India initiative to assemble iPhones in India

Apple would start assembling its top-of--line iPhones in India sometime next year, courtesy of local unit of Foxconn, Reuters reported citing a source familiar with matter. If report is true, this will mark beginning for Foxconn to start assembling iPhone models in India.

key highlight, Foxconn would only assemble top-end models, such as those falling under Apple’s flagship iPhone X line-up. Foxconn would begin assembling top-of--line iPhones at its manufacturing unit in Sriperumbudur, Tamil Nadu, Reuters cited an unnamed source.

Foxconn has already been producing smartphones for Xiaomi in India under Prime Minister Narendra Modi’s Make in India initiative. Tamil Nadu’s Industries Minister M C Sampath told Reuters that Foxconn will invest 25 billion Indian rupees (approximately $356 million) as part of Foxconn’s expansion plans in country.

Also Read | High pricing is sole reason for Apple’s lack of success in India, suggests a new report

Sampath was furr quoted as saying that this investment may lead to creation of as many as 25,000 jobs.

report cited ar source as saying that Foxconn’s plan to assemble iPhones in India is expected help both companies and help Apple reduce impact of a trade war between United States and China.

Earlier, re was a report thatApple’s expensive pricing is responsible for its struggle in India. India happens to be second-largest smartphone market, following China.