Business

Foxconn Ramps Up iPhone Production in India: A Strategic Move to Diversify Beyond China

Foxconn's Ambitious Plan for iPhone Production in India

Foxconn, the Taiwanese manufacturing giant, is set to significantly increase its production of Apple iPhones in India, aiming for 25-30 million units this year. This marks a more than twofold increase from the previous year's output, signaling Apple's strong push to deepen its manufacturing presence in India and diversify its production network away from China.

Foxconn's expansion in India

Expansion and Quality Assurance

With a 300-acre facility under development in Bengaluru, Foxconn is rapidly advancing its manufacturing operations across India. The company has been conducting trial runs to ensure the plant meets Apple's stringent quality standards and can handle the required production scale. Successful completion of these trials will enable Foxconn to move into the 'revenue build' stage, making the iPhones ready for distribution.

Strategic Diversification and Future Prospects

As Apple seeks to reduce its reliance on China, Foxconn's operations in India have seen substantial growth. Beyond iPhones, Foxconn is exploring opportunities in sectors like electric vehicles (EVs), energy, and digital health, aiming to move up the value chain in India. The company's recent investments, including a chip packaging and testing facility in collaboration with HCL Group, underscore its long-term commitment to the Indian market.