Although the service sector in India has strengthened considerably, the manufacturing sector still remains weak. The nation has tremendous potential to emerge as a manufacturing hub, which will also alter the nation’s economy. India has taken this seriously and is all set to take over the production of the iPhone in India.
Apple wishes to explore the manufacturing expertise of India and is looking forward to shifting production away from China. The company plans to move around 25% of the worldwide production of Apple products to India.
The production of iPhones, at present, is mainly dominated by Taiwanese players like Wistron, Foxconn, and Pegatron. It is interesting to note how Foxconn has boosted its production line in India and invested in Indian facilities. The Taiwanese electronic giant, known for assembling iPhones, has committed to setting up a manufacturing unit in Kongara Kalan, which is close to Hyderabad, Telangana.
Foxconn recently got a contract for manufacturing AirPods and plans to do the same in India. The manufacturing unit is likely to employ around 1,00,000 people over a decade.
Another player that deserves notable mention in this regard is Tata. The Tata Group is also all set to take over the local production of Apple goods by the end of April. Apple is planning to merge with Wistron and take over the iPhone facility, thereby revamping the production of iPhones in India. Currently, Wistron’s plant in India produces iPhone 12 and iPhone 14.
However, it is expected that Tata will be able to produce iPhone 15 in India after the merger. In preparation for this, Tata Electronics Pvt. Ltd., the engineering and manufacturing industrial company of the Tata Group, aims to take over a plant spread over 11 acres. Tata has also employed more workforce in its Hosur, Tamil Nadu facility, which is known for manufacturing the iPhones’ components.
This not only complies with the “Make in India” scheme of India but will also ensure excellent employment opportunities for Indians.