Apple’s largest supplier, Foxconn, is reportedly set to start manufacturing iPhones in Karnataka, India, by April 2024. The company has already received assurance from the Karnataka government about its upcoming iPhone plant.
The plant, which is being set up in the outskirts of Bengaluru, will have a production capacity of 10 million iPhones per year. It is expected to create around 50,000 jobs in the region.
The decision by Foxconn to set up an iPhone plant in India is seen as a major boost for the country’s electronics manufacturing industry. It is also expected to help Apple reduce its reliance on China for iPhone production.
Foxconn is not the only Apple supplier that is looking to expand its manufacturing operations in India. Other companies, such as Wistron and Pegatron, are also reportedly planning to set up iPhone plants in the country.
The move by Apple and its suppliers to expand their manufacturing operations in India is a sign of the growing importance of the Indian market for the global electronics industry. India is the world’s second-largest smartphone market, and it is expected to become the world’s third-largest smartphone market by 2025.
The arrival of Apple and its suppliers in India is also expected to help the country develop its own electronics manufacturing ecosystem. This could lead to the creation of new jobs, the development of new skills, and the transfer of technology to India.
Overall, the decision by Foxconn to start manufacturing iPhones in India is a positive development for the country’s electronics manufacturing industry. It is also expected to help Apple reduce its reliance on China for iPhone production. This could lead to lower prices for iPhones, and it could also help Apple avoid any potential future trade disruptions with China.
Here are some additional details about the Foxconn plant in Bengaluru:
- The plant will be located in the Devanahalli Industrial Area, which is about 40 kilometers from Bengaluru city center.
- The plant will have a total area of 13 million square feet.
- The plant is expected to create around 50,000 jobs.
- The plant is expected to start production in April 2024.
- The plant will initially produce 10 million iPhones per year.
- The plant is expected to eventually produce up to 20 million iPhones per year.
The Foxconn plant in Bengaluru is a significant development for the Indian electronics manufacturing industry. It is the first major iPhone plant to be set up in India, and it is expected to create thousands of jobs. The plant is also expected to help India develop its own electronics manufacturing ecosystem.