In a major momentum to the government’s Make in India initiative, Apple has begun manufacturing its flagship iPhone 11 at the Foxconn plant near Chennai. Notably, this is often the primary time that a top-of-the-line iPhone is being made in India.
Apple has officially started producing its flagship Apple iPhone 11 at the Foxconn plant near Chennai in India. While iPhones are made in India before, this is often the primary time when a flagship model has been locally assembled within the country. The move will help Apple by reducing the prices important and hence the ultimate cost of the phones. Further, with the government’s Make-in-India initiative, this also helps create more employment opportunities in India.
Commerce and Industry Minister Piyush Goyal tweeted on Friday – “Significant boost to make in India! Apple has started manufacturing iPhone 11 in India, bringing a top-of-the-line model for the first time in the country.”
Significant boost to Make in India!
Apple has started manufacturing iPhone 11 in India, bringing a top-of-the-line model for the first time in the country.https://t.co/yjmKYeFCpL
— Piyush Goyal Office (@PiyushGoyalOffc) July 24, 2020
India has become a crucial marketplace for all smartphone vendors, because of the very fact that it already has over 50 crore smartphone users. Companies including Samsung and Xiaomi have already invested many resources within the country to satisfy the growing demands of Indian consumers. The expansion of consumer demand has lately attracted Apple and its suppliers too.
Earlier this month, Foxconn, which may be a leading supplier for iPhone and other Apple devices, reportedly planned to take a position up to $1 billion (roughly Rs. 7,491 crores) to expand its India factory where it assembles iPhone models.
Apple’s assembly partner Pegatron Corp is additionally gearing up to line its first production plant in India. Pegatron is now fixing an area subsidiary and joining other Taiwanese electronics assemblers Foxconn and Wistron. The Taiwanese company is that the second-largest assembler of Apple iPhones, actually counting on the corporate for over half its business. After a variety of factories found out in neighboring countries China, India is that the next big target for Pegatron. This hardly comes as a surprise after the intensifying of the continued US-China trade war, which could hurt brands like US-based Apple which gets caught within the crossfire.
Apple is also planning to manufacture the iPhone SE(2020) at the Wistron plant in Bengaluru. This is the same plant that kickstarted the Indian manufactured iPhones in May 2017 with the iPhone SE. Apple has already begun the assembling of the iPhone XR in India last October.