Apple’s iPhone making company Foxconn could possibly set up base in India to manufacture iPhones, iPads and iPods for Indian and international sales, reports ET. This would play a role in reducing the prices of the iPhone, lower production costs and help Apple keep up with orders and demands. Foxconn had previously stated, the report added, was planning to develop 10-12 facilities in India, which would include factories and data centres by 2020.
Foxconn was reportedly sending a delegation of officers to look for locations in a month, the report quoted a government official as saying. Neither Apple nor Foxconn commented on these plans, the latter citing ‘commercial sensitivity’, the report added. Apple reportedly holds a 10% share in the Indian market, according to Counterpoint Research Market Monitor.
Other Make in India’s mobile setups, proposals
– Smartphone manufacturer OPPO is planning to set up a handset manufacturing unit in India by August this year, to primarily tend to the domestic market. The company mentions that some of its devices manufactured here will also be exported to overseas markets.
– In April this year, Chinese handset maker Gionee said that would set up a manufacturing facility in India within 2018. The company claims it will invest Rs 300 crore to set up this plant, which will manufacture devices for India, the SAARC countries and Nigeria.
– In April last year, mobile phone manufacturer Micromax had also started manufacturing devices in the country in its Rudrapur plant. Previously, the company imported devices from China where it had tie-ups with manufacturers such as Foxconn.
– In March this year, Samsung and Sony had announced plans for setting up manufacturing bases in India as a part of the Make in India initiative. Samsung reportedly would invest as much as $500 million to $1 billion in the manufacturing unit that will produce smartphones and tablets for the company. Tamil Nadu and Gujarat are the other states the company considered for the plant.
– Earlier this year, Spice Group had said it would invest Rs 500 crores to set up a manufacturing unit in Uttar Pradesh. The company also signed a Memorandum of Understanding (MoU) with the Government of Uttar Pradesh for the same, as per which the UP Government will support Spice in establishing the facility by providing the necessary infrastructure, ecosystem and incentives under various schemes.