Apple supplier Foxconn is expanding its production in India. Two large locations are to be set up, as is now known. The Taiwanese company apparently wants to become more independent of China.
The Taiwanese Apple supplier Foxconn wants to open two large production facilities in India. They should each create 100,000 jobs in ten years, said politicians from the states of Telangana and Karnataka.
Foxconn boss Young Liu said of the speed with which projects can be implemented in the Indian state, according to “Indian Express”: “Telangana’s speed gave me confidence that by working in Telangana we will very likely double Foxconn’s revenues At the speed of Telangana, four years from now, that’s very, very likely.” IT Minister Rama Rao said he and Young Liu discussed the importance of electronics production diversification for strong supply chains.
Foxconn is also planning an iPhone factory in the state of Karnataka and wants to further increase production there at the expense of China. Apple phones would be built in Karnataka “soon,” tweeted the state’s prime minister, Basavaraj S Bommai. This will not only create around 100,000 jobs, but also “a lot of opportunities for Karnataka”. The technology metropolis of Bangalore is located in the state. According to local media reports, Foxconn boss Young Liu visited the city after previously meeting with Prime Minister Narendra Modi.
Foxconn and other Apple suppliers already have manufacturing facilities in India, where there are government incentives for smartphone production. Most Apple products are made in China. But recently there have been repeated reports that Apple would like to increasingly diversify its supply chains in view of geopolitical tensions with China – the focus is on India and Vietnam.
Foxconn is the largest iPhone supplier and has also been manufacturing cell phones in India since 2019 at a factory in the southern state of Tamil Nadu. Last September, Apple announced that it wanted to manufacture its latest iPhone 14 in India. However, the country currently accounts for only five percent of global production for the US group and is ranked behind the USA, China, Japan and five other countries. In China, Foxconn was recently confronted with various problems, including extreme corona regulations and diplomatic tensions with the USA. This also impacted production.