Apple has started production of iPhone 11 at the Foxconn plant near Chennai, India. There is a huge investment coming to Apple Chennai Plant.
Commerce and Industry Minister Piyush Goyal has now confirmed on Twitter that “Apple has started manufacturing iPhone 11 in India”.
Apple is gradually moving the production away from China.
10 important details on Apple moving its manufacturing to India [Apple Chennai Plant]
- First time Apple is assembling one of its topline products iPhone 11 in India. In an earnings call in May this year, Apple CEO Tim Cook had said that manufacturing in India was one of the company’s top priorities.
- Apple currently has another assembling plant Wistron in Bangalore. This plant was used to construct budget iPhones such as iPhone SE and iPhone 6s but discontinued in 2019.
- Foxconn and Winstron, both are Taiwanese firms, and Apple’s contract manufacturers for iPhones.
- Foxconn is planning to invest up to $1 billion to expand its factory in Southern India.
- The latest move appears to be influenced by the Indian government’s production linked incentive (PLI) scheme. Considering the current US-China situation, it is an excellent move by Apple.
- Apple’s global contract manufacturers, Foxconn and Wistron, have applied for the Indian government’s production-linked incentive (PLI) scheme to make India its next hub for production and exports of iPhones.
- iPhone 11 with “Assembled in India” tags are now available in stores. Previously it said, “Assembled in China.”
- Currently, Apple imports iPhones to India, so by doing the mass production within India, Apple is expected to save approximately 22% import duty.
- Going forward, Apple may consider exporting the India-made iPhone 11 to other countries
- iPhone 11 reportedly is the biggest seller device of the company in India. As per the industry executives cited in the report, supplies of the India-made iPhone 11 have already reached the stores.
As per a report published, Apple wants to make India an iPhone export hub and impressed by many initiatives, including Make-In-India.
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