In March, Basavaraj S. Bommai, the leading minister of the state of Karnataka, announced that Apple would identify a new factory in the state to manufacture iPhones, which would generate around 100,000 job opportunities. The timeline for the start of production has not yet been specified. He said it would take place in the near future.
Image source: ARCHIVEFoxconn acquires a whopping 1. 2 million square feet in Bangalore for over a billion rupees
Last month, Bloomberg News cited anonymous resources as saying Foxconn intended to invest $700 million in a new plant in Karnataka. In a statement, Foxconn President Young Liu revealed that he had visited the state to partner and explore collaboration opportunities in emerging spaces such as semiconductor progression and electric vehicles. During his visit, he met with Prime Minister Narendra Modi to discuss a variety of topics aimed at improving India’s generation and innovation ecosystem.
Since 2019, Foxconn has been generating Apple phones at its factory in the southern state of Tamil Nadu, starting from its operations in India. In addition to Foxconn, two other Taiwanese suppliers, Wistron and Pegatron, are also involved in the production and assembly of Apple devices in India. .
READ ALSO: Betterhalt will rent one hundred employees, the control team
In an effort to expand its presence in India, Apple recently opened its first two retail outlets in the country, with CEO Tim Cook personally inaugurating the outlets. The move underscores Apple’s bullish stance in the Indian market, which has a large population of 1. 4 billion and the second-largest number of smartphone users in the world, China.
READ ALSO: 8 Secret Smartphone Codes You Want to Know
In September last year, Apple announced plans to produce its newest flagship model, the iPhone 14, in India some time after its launch. According to Bloomberg, India accounted for just 7% of Apple’s iPhone production last year, other countries such as the US and the US accounted for just 7% of Apple’s iPhone production. The U. S. , China, and Apple Japón. La s development investment in production operations in India is a positive progression for Prime Minister Modi’s “Make in India” initiative, which encourages foreign corporations to manufacture their products domestically.
READ ALSO: WhatsApp will bring a new “channel lists” for iOS
© 2009-2023 Independent Press Service. All rights reserved.
We use cookies to provide you with a better browsing experience, analyze online page traffic, personalize content and deliver express ads, we invite you to read how we use cookies and how you can use them from the links provided. By using our site, you in particular consent to our use of cookies.