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iPhone Production in India: Manufacturing of other Apple products including iPhone is steadily gaining momentum in India. Due to the ongoing tension between America and China (US China Relation) and the situation arising out of the Kovid epidemic, India is benefiting a lot. After Foxconn, now another Taiwanese company Pegatron is going to set up a second plant in India. Like Foxconn, Pegatron also manufactures other products for Apple, including the iPhone.
The plant will be set up in this southern state
According to a latest news from Reuters, Pegatron may set up its second Indian plant near Chennai in Tamil Nadu. This information has been given by quoting close sources related to the case. Sources say that Pegatron may invest around $150 million on setting up the proposed plant in Chennai. He also claimed that the latest iPhones will be assembled at Pegatron’s new plant.
Foxconn has got approval
Earlier, Reuters had reported that Foxconn, a Taiwanese company that manufactures all other electronics products including iPhone for Apple, is going to set up a plant in Karnataka with an investment of $ 967.91 million, which has been approved by the state government. Is. It was told then that the plant would be set up by Foxconn’s flagship unit Hon Hai Precision Industry Company.
Now so many iPhones are being made in India
After China, India is becoming the new manufacturing hub for Apple. From April last year to February this year, iPhones worth about $ 9 billion have been exported from India. Of these, more than 50 percent share was of iPhone. Pegatron currently accounts for about 10 per cent of the Made-in-India iPhone manufacturing.
Apple has made this plan
Apple has decided to shift 50 percent of its iPhone manufacturing to India by 2027. Assembling of Apple’s iPhone in India started in the year 2017 and then Wistron set up its plant in India. After that Apple’s suppliers like Foxconn and Pegatron have also set up plants in India. All Apple’s suppliers are insisting on increasing manufacturing in India according to the company’s plan.
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