Apple iPhone 11 production has started in India confirmed by Piyush Goyal, Commerce and Industry Minister. The local assembly of the iPhone 11 would help the company avoid a 20 percent tax which is needed to pay for importing the device from its global manufacturing facilities. The Cupertino giant started its domestic manufacturing for the first time of iPhone SE in India back in May 2017. Last year, Apple started the manufacturing of the iPhone XR locally in the country in the month of October.
Apple “Make-in India” initiative
According to the latest report, Now the company is also ready to join companies like Samsung and Xiaomi, which already have couples of manufacturing plants and suppliers in India. Growing Demand of Indian Consumer led the Cupertino giant to set up their more manufacturing plant in India. The Cupertino giant has Foxconn, Wistron, and Pegatron as the suppliers for its iPhone models that all are presently making huge investments in the Indian market.
“Significant boost to Make in India! Apple has started manufacturing iPhone 11 in India, bringing a top-of-the-line model for the first time in the country” tweeted by Piyush Goyal, Commerce and Industry Minister.
Significant boost to Make in India!— Piyush Goyal Office (@PiyushGoyalOffc) July 24, 2020
Apple has started manufacturing iPhone 11 in India, bringing a top-of-the-line model for the first time in the country.https://t.co/yjmKYeFCpL
Apple’s leading manufacturer for iPhone and other Apple devices – Foxconn purportedly planned to invest up to 1 Billion USD (around Rs. 7,491 crores) to expand its India manufacturers where it assembles selected iPhone models. After Foxconn, the second-largest iPhone supplier- Pegatron was also reported to make some investment in the country and may build up its first plant in the coming future.
According to the latest report, the company would also soon expand its range of India-made iPhone models by starting the manufacturing of the iPhone SE (2020) in the country at one of its supplier facilities.