Piyush Goyal, the current Minister of Railways, Trade and Industry of the Indian government has indicated that Apple is preparing to manufacture some of its next iPhones in India, with the Foxconn partnership.
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Tim Cook’s business is said to have started manufacture its iPhone 11 in India and in collaboration with Foxconn, according to Indian Minister of Commerce and Industry Piyush Goyal. This decision would allow Apple to bypass 20% import duty which are currently imposed by India on smartphones. It is therefore the Taiwanese industrial group Foxconn which will take care of the manufacture of part of the iPhone 11 in India, while the company Wistron is already in charge of manufacturing the iPhone 7 in the country. The latter should also and in the near future deal locally with the assembly of the iPhone SE (2020).
Apple opens up to the high-end sector of the expanding Indian market.
« Apple will move iPhone mass production from China to India. Another great achievement of Make in India, which creates many jobs ” welcomed Piyush Goyal on his Twitter account. The ” Make in India Is an initiative of the Indian government. His goal : offer tax breaks and other advantages to all companies wishing to invest locally and in setting up production facilities. If financial motivations are obviously at the heart of this approach for Apple, it also shows that the Indian market is booming and that it tends to turn to the high end. It is also proof that Apple wishes to gradually commit to this market. The locally manufactured iPhone 11s are also already available in stores.
Apple also plans to gradually increase its production capacity as well as its export of iPhones made in India. We do not yet know if the iPhone 12, which are now scheduled for November, will be affected by this change. No information on a possible impact of the health crisis on factories in India has also been given to date.
During containment and in a note to investors, Alex Yang, Foxconn’s communications manager, assured that Chinese factories would be able to catch up, even after several weeks of closure due to COVID-19. Foxconn had indeed resumed its activities in China in early April, and is now working at full speed to make up for lost time.
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