Apple begins production of iPhone 11 in Chennai a major boost to Make In India,
In what comes as a major boost to the Make In India campaign, one of the world’s largest companies — Apple — has begun production of its flagship iPhone 11 in India. As per latest reports, iPhone 11 will be produced in Foxconn plant near Chennai.
Chennai : July 24, 2020
In what comes as a major boost to the Make In India campaign, one of the world’s largest companies — Apple — has begun production of its flagship iPhone 11 in India. As per latest reports, iPhone 11 will be produced in Foxconn plant near Chennai, reports Economic Times.
Production will be stepped up in phases and Apple may consider exporting the India-made iPhone 11, reducing its dependence on China, two senior industry executives said.
The company hasn’t cut prices as it also sells iPhone 11 handsets made in China in India but industry executives said that could be an option later on. Local production saves Apple 22% import duty.
Apple is said to be considering a plan to make the new iPhone SE at the Wistron plant near Bengaluru, the executives said. The unit used to produce the earlier iPhone SE, which was been withdrawn.
The move by Apple has many different tangents. Traditionally, large number of Apple phones are assembled in China. Strained US-China relations could be a reason why iPhone production, at least to some extent, has been shifted to India.
The latest move marks the growing localisation of Apple’s manufacturing in the country, where it’s keen to take advantage of benefits under the government’s production linked incentive (PLI) scheme. The move also helps expand Apple’s production base beyond China at a time when Sino-US ties have soured, an executive said.
ET had earlier reported that Apple plans to expand manufacturing in India. Another of its contract manufacturers, Pegatron, recently registered a subsidiary in the country.
Of the three new models Apple launched in September, the iPhone 11 is the biggest seller in India. Supplies of the locally made device have already reached stores, said the people cited above. Apple makes two other handset models in the country — the iPhone XR at the Foxconn plant and the iPhone 7 at the Wistron factory.
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Apple is reportedly also planning to ship iPhone out of India in order to reduce its dependence on China.
Courtesy : India TV Business Desk
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