Advertisement

Updated December 27th, 2018 at 19:51 IST

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

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

Reported by: Tech Desk
| Image:self
Advertisement

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

The key highlight, Foxconn would only assemble the top-end models, such as those falling under Apple’s flagship iPhone X line-up. Foxconn would begin assembling top-of-the-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 the country.

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

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

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

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

Advertisement

Published December 27th, 2018 at 19:51 IST

Your Voice. Now Direct.

Send us your views, we’ll publish them. This section is moderated.

Advertisement
Advertisement

Trending Quicks

Shreyas Iyer
a few seconds ago
 In a Major Blow to Congress in Chhindwara, MLA Kamlesh Shah Joins BJP
a few seconds ago
Congress Press Conference
9 minutes ago
France has approached 46 countries for the possible provision of over 2,000 police officers and several military personnel.
13 minutes ago
Terrorist Attack At Crocus City Hall, Moscow, Russia
20 minutes ago
Delhi Rains: Hailstorm and Heavy Rains in Gurgaon on Friday, Thunderstorms Predicted Until March 31
30 minutes ago
Russian Volunteer Corps
31 minutes ago
Force Motors' Q2 results
31 minutes ago
Crew
31 minutes ago
Lok Sabha Elections 2024
32 minutes ago
Advertisement
Advertisement
Advertisement
Whatsapp logo