iPhone: Not just iPhone 11, models like iPhone XR, iPhone 7, iPhone SE and iPhone 6S is already being manufactured locally in India.
iPhone 11: Apple begins assembling its products locally at India’s Foxconn’s Chennai plant. This is for the first time and most importantly a successful upgrade for India and it’s market, that Apple is manufacturing a top-of-the-line iPhone model in the country.
Not just iPhone 11, there are models like iPhone XR, iPhone 7, iPhone SE and iPhone 6S, that has already started being manufactured locally in the country. Communications, Electronics & Information Technology Minister of India, Ravi Shankar Prasad tweeted about it earlier on Friday.
By manufacturing iPhone phones locally it will help Apple in avoiding about 20 per cent tax that the company is required to pay for importing handsets from its global manufacturing facilities. After Apple announcement of manufacturing their one of the top models with top-notch performances in India, Piyush Goyal ‘The minister of Railways and Commerce and Industry’ said Apple has started manufacturing iPhone 11 at ₹ 63,900 in India, bringing top-of-the-line model for the first time in the country, which is set to boost a movement called Make in India introduced by the Indian Government.
The announcement of locally manufacturing iPhone 11 comes nearly nine months after Apple began the assembly line for the iPhone XR in India. Apple started locally manufacturing iPhones in India in May 2017 with the iPhone SE at Wistron’s Bengaluru facility. The manufacturing of the iPhones later expanded to Foxconn’s facilities. From October last year, India started manufacturing the Apple iPhone XR locally.
Apple has top three suppliers of its iPhone models namely Foxconn, Wistron, and Pegatron. According to reports, there will be a huge amount of investment that Foxconn plans to invest in order to expand its India factory where it assembles iPhone models, is nearly up to $1 billion, which is ultimately good news for India’s economic upliftment. Another report stated that Pegatron which is the second-largest iPhone assembler after Foxconn in India will make some investment to set up a local subsidiary in India in the future.
Smartphone manufacturers like Samsung, Vivo, Xiaomi, among others have invested resources in the country to meet the growing demand of the consumers. As India stands on the top in the race of smartphone users, it is said that India has over 50 crore smartphone users right now which makes it one of the most important markets for the country.