Apple sets 50 million iPhones target for ‘make in India’
Apple sets 50 million iPhones target for ‘make in India’
Apple plans to produce over 50 million iPhones annually in India within the next 2-3 years, aiming to move manufacturing away from China. This will make India account for a quarter of global iPhone production. Tata Group is planning to build a manufacturing plant with 20 assembly lines and 50,000 workers, becoming operational in 12-18 months. Foxconn and Apple have a significant partnership in India. Security filings suggest a $1.5 billion investment by Foxconn for operational needs in India.
Apple plans to produce over 50 million iPhones annually in India within the next 2-3 years, aiming to move manufacturing away from China. This will make India account for a quarter of global iPhone production. Tata Group is planning to build a manufacturing plant with 20 assembly lines and 50,000 workers, becoming operational in 12-18 months. Foxconn and Apple have a significant partnership in India. Security filings suggest a $1.5 billion investment by Foxconn for operational needs in India.
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Apple plans to produce over 50 million iPhones annually in India within the next 2-3 years, aiming to move manufacturing away from China. This will make India account for a quarter of global iPhone production. Tata Group is planning to build a manufacturing plant with 20 assembly lines and 50,000 workers, becoming operational in 12-18 months. Foxconn and Apple have a significant partnership in India. Security filings suggest a $1.5 billion investment by Foxconn for operational needs in India. 
