iPhone manufacturer Foxconn is planning to invest $700 million to build a factory in the southern Indian state of Karnataka, which could significantly expand the production of Apple’s smartphones in India.
to Bloomberg, Foxconn is planning to build the manufacturing facility on a 300-acre site near the city of Bengaluru—India’s IT hub—where it will manufacture iPhone components and may also assemble the devices.
The factory is expected to employ around 100,000 people, making it around a third the size of the world’s largest iPhone factory in the Chinese city of Zhengzhou.hosted by Karnataka’s Chief Minister Basavaraj Bommai.plans to build another major electronics manufacturing facility in the neighboring state of Telangana—that would also create 100,000 jobs, but it is unclear if that plant will make Apple products.
According to Bloomberg analysts, the new factory near Bengaluru could “boost the country’s share of iPhone assembly to 10-15 % from a sub-5% currently.”the company’s “good progress in the country.”in January India already accounts for about 5-7% of the total manufacturing output of Apple’s components and the company is “targeting to go up to 25%.” Goyaldid not say when this would happen, but the number is largely in line with projections made by analysts.
Apple will move 5% of global iPhone 14 manufacturing to India by the end of 2022 and that number will rise to 25% of all iPhone manufacturing by 2025.Despite the Indian government’s enthusiasm, Apple has reportedly been facing quality control issues in its Indian supply chain. Thelast month that only one in every two components coming out of the production line of an iPhone casings factory run by Indian conglomerate Tata is in good enough shape to be sent to Foxconn’s assembly plants.
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