By 2025, Foxconn Plans to Increase Production of iPhones in India

According to reports, Foxconn, Apple's contract manufacturer in India, plans to double iPhone manufacturing at its Indian facilities to 25–30 million handsets this year. A media outlet reported that throughout the previous three to four months, the firm has been experimenting with limited testing operations at its new Bengaluru site. The tests are being carried out to see if the facility can manufacture Apple's flagship product on a large scale without compromising quality standards. According to media sources, the corporation built over 12 million iPhones in India last year. However, they have set much greater goals in keeping with Apple's drive to increase their footprint in India. In 2023, the Taiwanese electronics company purchased a 300-acre property close to Bengaluru airport. The project's establishment has been funded with INR 25,000 Cr from the firm. When finished, the facility will be able to produce 20 million smartphones a year. Hence, making it Foxconn's largest manufacturing plant in India and the second largest globally.

Karnataka Government to Grant Incentive to Foxconn

Karnataka Chief Minister Siddaramaiah said earlier this month that Foxconn would receive an incentive of INR 6,970 Cr from the state government for its Bengaluru facility under the Electronics System Design and Manufacturing (ESDM) programme. According to official projections, the new plant would generate one lakh direct and indirect jobs over the next ten years. It is important to note that throughout the past few months, the Taiwanese corporation has been aggressively expanding in the nation. According to a report last week, the corporation and its joint venture partner HCL are planning to set up an outsourced semiconductor assembly and testing (OSAT) facility. Both the firms are in talks with Larsen & Toubro (L&T) and Taiwanese construction engineering company CTCI to install this unit in the state of Uttar Pradesh. Additionally, it is rumoured to be in talks with the Tamil Nadu government to establish a battery manufacturing facility on roughly 200 acres of state property.

Foxconn Spreading its Network in India

As the Tim Cook-led business seeks to diversify its supply chain and lessen reliance on China, Foxconn's attempt to increase its footprint in India is consistent with Apple's intentions to manufacture its goods in India. By 2026–2027, the business reportedly hopes to assemble 26% of its value and 32% of its global iPhone production volume in India. According to various reports, India accounted for 12–14% of the world's iPhone production volume. During the fiscal year, the tech giant's iPhone production in India hit a value of $14 billion. In an effort to expand its network of suppliers and manufacture parts of its goods in India, the US-based business is also in discussions with Indian businesses, including Wipro Enterprises and Bharat Forge. India has become a vital market for Apple in addition to becoming a centre for production. Over the last few quarters, the company has witnessed a notable increase in sales across the nation. In the December quarter of 2024, Apple reported record quarterly sales in India, according to CEO Cook.