iPhone Production in India: Foxconn to Build Mega Plant in Bengaluru
If you are an iPhone lover looking for a new purchase, you might want to hold off. Till next year when iPhone production in India will start at Foxconn’s mega plant in Bengaluru. Yes, you heard it right. Foxconn, the world’s largest electronics maker and one of the leading suppliers of Apple. It is all set to build a vast iPhone facility near the Kempegowda International Airport in Bengaluru.
The Karnataka government has given the final approval to Foxconn, also known as Hon Hai Technology Group. The company is set to acquire a 300-acre plot of land. Additionally, it will invest about Rs 8,500 crore to set up an iPhone assembly unit. The state industries minister MB Patil announced this on Friday in the legislative assembly. It is saying that the government has cleared all legal hurdles for the land transfer and will soon hand it over to the Taiwanese company.
Foxconn plans to start iPhone production in India at the Bengaluru plant by April next year. The plant will create thousands of jobs and boost the state’s electronics manufacturing sector. It is already home to several global and domestic players. The minister said that the government will provide all necessary support and incentives to Foxconn. In order to ensure the smooth and speedy execution of the project.
Foxconn’s Bengaluru plant will be its third in India, after Tamil Nadu and Andhra Pradesh, where it makes devices for various brands such as Xiaomi, Nokia and Infinix. The company has been expanding its presence in India, one of the world’s fastest-growing smartphone markets.
Apple has also been increasing its local production in India, facing stiff competition from rivals. They are such as Samsung, OnePlus and Xiaomi. Apple has started making some of its models, such as the iPhone SE and iPhone 11. Its partner Wistron’s plant near Bengaluru.
The new Foxconn facility will further enhance Apple’s local production capabilities. It will help it meet the demand for its premium products in India, where it has a loyal fan base. It will also help Apple save on import duties and offer more affordable prices to its customers.
So, if you want a bright and proud choice, you might opt for a made-in-India iPhone next year. It will be a great gadget and a symbol of India’s growing prowess in electronics manufacturing.
You can also read – North Bengaluru: The Ultimate Guide to Buying a Home in India’s Silicon Valley
