Apple has started making its iPhone 11 smartphone at a Foxconn plant in India, reports the Economic Times.
The current generation device is being assembled at the Foxconn plant near Chennai. This is the first time a 'top-of-the-line' model has been manufactured in the country, marking a win for the governments 'Make in India' initiative.
Production will be stepped up in phases and Apple may consider exporting the India-made iPhone 11, reducing its dependence on China. The company hasn't cut prices. It also sells the handsets made in China in India but industry executives say that could be an option later on. Local production saving Apple 22% in import duty.
Foxconn is reportedly planning to invest $1 billion to expand its iPhone assembly plant in India following a 'strong request' from Apple. The move is seen as part of a quiet and gradual shift of production away from China as Apple attempts to minimize the effects of the trade war between the superpowers.
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The current generation device is being assembled at the Foxconn plant near Chennai. This is the first time a 'top-of-the-line' model has been manufactured in the country, marking a win for the governments 'Make in India' initiative.
Production will be stepped up in phases and Apple may consider exporting the India-made iPhone 11, reducing its dependence on China. The company hasn't cut prices. It also sells the handsets made in China in India but industry executives say that could be an option later on. Local production saving Apple 22% in import duty.
Foxconn is reportedly planning to invest $1 billion to expand its iPhone assembly plant in India following a 'strong request' from Apple. The move is seen as part of a quiet and gradual shift of production away from China as Apple attempts to minimize the effects of the trade war between the superpowers.
Read More