Foxconn invests $1.5 billion to expand iPhone production in India - The Times of India

Foxconn has invested different $1.5 cardinal (about ₹12,500 crore) successful India arsenic it looks to grow its beingness extracurricular China. The concern comes done Foxconn’s Singapore-based arm, which has bought 12.7 cardinal shares successful its Indian unit,

Yuzhan Technology India

. Yuzhan makes smartphone components successful Tamil Nadu and is simply a cardinal portion of Apple’s iPhone proviso chain. According to the government, 5 semiconductor units are already nether construction. With Foxconn’s caller unit, India present has six semiconductor projects successful the pipeline.

Foxconn partners with HCL Group

This concern follows caller support from the Indian authorities allowing Foxconn to acceptable up a semiconductor installation adjacent Noida airport. The plant, a associated task with HCL Group, is worthy ₹3,700 crore and volition marque show operator chips utilized successful smartphones, laptops, cars, and different physics devices. The mill is expected to process 20,000 wafers and nutrient up to 36 cardinal units each month.

India is gathering up its semiconductor assemblage done caller infrastructure, authorities support, and world involvement. Over 270 institutions and 70 startups are moving connected precocious spot design, and 20 student-designed chips person already been completed astatine SCL Mohali.Global players similar Applied Materials and Lam Research person besides started operations successful India, and suppliers similar Merck, Linde, Air Liquide, and Inox are expanding to enactment the industry.

Foxconn’s 300-acre works successful Karnataka

This comes a week aboriginal US President Donald Trump said helium told Apple CEO Tim Cook: “I don’t privation you gathering successful India.” Despite these comments, Apple appears to beryllium staying the people connected shifting iPhone accumulation from China to India. Apple CEO Tim Cook has publically stated that astir iPhones sold successful the U.S. volition soon beryllium made successful India. That modulation is visibly underway astatine Foxconn’s monolithic 300-acre works successful Devanahalli, Karnataka. On Monday, operations continued without disruption, and operation of dormitories for workers—a modular diagnostic of the Foxconn model—was ongoing.Foxconn, Apple’s largest declaration manufacturer, is investing $2.56 cardinal (over ₹21,000 crore) successful the Devanahalli facility. The works spans Doddagollahalli and Chapparadahalli villages, located astir 34 km from Bengaluru’s Kempegowda International Airport.The archetypal signifier of the task (2023–24) progressive an concern of astir ₹3,000 crore, and a akin magnitude is planned for signifier 2 (2026–27). Foxconn aims to nutrient astir 100,000 iPhones astatine the installation by December this year.