Next time you buy Apple’s iPhone 11, you can proudly say that you bought a mobile phone that is made in India. Apple’s partner Foxconn has started rolling out the higher end mobiles like iPhone11 from its Chennai factory, three years after it was set up in India. Foxconn has planned to invest up to $1 billion to expand its India factory where it assembles iPhone models.
Two senior ministers Commerce Minister Piyush Goyal and Law & IT minister Ravi Shankar Prasad tweeted about this today.
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
2020 – iPhone 11
2019 – iPhone 7 & XR
2018 – iPhone 6S
2017 – iPhone SE
This chronology is a statement in itself as to how @narendramodi govt. has developed the mobile phone manufacturing ecosystem in India.
It’s only a humble beginning. https://t.co/T1ssI1yG6K
— Ravi Shankar Prasad (@rsprasad) July 24, 2020
The local assembly of the iPhone 11 would help Apple save 20 percent tax that it has to pay for importing the handset from its global manufacturing facilities. Apart from Foxconn, Apple’s other suppliers Wistron, and Pegatron are also making huge investments in the Indian market. Before this Apple started assembling the iPhone XR in India in 2019. In 2017, Apple had started the domestic manufacturing of the Apple iPhone SE 2016 in the Bangalore plant.
Infact Nokia, one of the leading mobile handset makers had set up a plant in 2006 in Sriperumbudur Tamil Nadu which was closed in 2014. The Indian plant wasn’t transferred to Microsoft as part of its global agreement due to taxation issues between the company and the state government. Now India has moved up in the ease of doing business and there are high hopes that taxation issues will not drive out investors from thriving in the country.