Apple recently started manufacturing its iPhone 11 in the Indian market through Foxconn’s plan in Tamil Nadu. Now, it seems that the US-based tech giant’s vendor is looking to shift its production line from China to India.
As per the report coming from TOI, a contract manufacturer for Apple is planning to shift around six production lines from China to India. This is being seen as an effort to decentralize and diversify the supply chain.
The company is also reportedly looking to export iPhones from India worth around $5 billion. Apart from this, it will also be catering to the domestic market and could lower the pricing of the iPhones, which are among the highest in the world.
There’s a possibility that the production line could expand capacity and along with iPhones, could also include iPad, iMac, and MacBook in the coming years. The new production line in India is expected to generate around 55,000 employment.
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Recently, Telecom and IT Minister Ravi Shankar Prasad claimed that around 22 domestic and international companies have applied for mobile production in India worth ₹11 lakh crore for over five years.
He named companies like Samsung, Lava, Dixon, etc. It is reported that international companies that have applied also includes Foxconn Hon Hai, Rising Star, Wistron, and Pegatron, all of which are contract manufacturers for Apple iPhones.
It is worth noting that nothing has been confirmed yet and the shifting of production is said to be at the planning stage. Even if the companies go ahead with the plan, it is likely to take time to set up facility as well as supply chain and get the necessary permissions as well as grants from the government.
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