Foxconn’s $2.56B investment in India powers Apple’s shift to local iPhone production growth

Описание: Foxconn, Apple's major contract manufacturer, is investing $2.56 billion in its Devanahalli facility in Karnataka as part of Apple's plan to diversify its supply chain away from China. Despite former US President Donald Trump's public opposition to Apple manufacturing in India, Apple CEO Tim Cook is moving forward with plans to make India a key production hub for iPhones destined for the US market.

Large-Scale Campus Under Construction for 30,000 Workers
The Devanahalli plant covers 300 acres, with construction well underway for dormitories to house approximately 30,000 employees. This will be India’s largest residential facility dedicated to factory workers, set for completion by December. Foxconn follows a similar model used in China and Tamil Nadu, where it already accommodates 18,000 workers in Sriperumbudur. Priority housing will be given to female employees, who make up 50-80% of the workforce.

Production Targets and Expansion Plans
The investment is split into two phases: Rs 3,000 crore for 2023-24 and a similar amount planned for 2026-27. Foxconn aims to produce around 100,000 iPhones by the end of this year at the Devanahalli plant, with assembly of some models already started in May. Additional models are scheduled for production in August, ahead of the iPhone 17 launch expected in September.


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