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Foxconn to start manufacturing iPhones in Bengaluru by April 2024

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Foxconn, a key Apple supplier, would begin producing iPhones in Bengaluru by April 2024, said Minister for Large and Medium Industries MB Patil on Thursday. According to India Today, the minister stated that the firm intends to begin manufacturing iPhones at its proposed Devanahalli plant, and that the state government will hand over the necessary land to the company by July 1 to allow this.

“The identified 300 acres of land at ITIR of Devanahalli will be handed over by July 1,” Patil said, adding that the government would also ensure 5 MLD of water supply, excellent power supply, road connectivity, and other infrastructure facilities.

The announcement comes just weeks after Karnataka’s new government, led by the Congress, assumed power. The Rs 13,600 crore project is anticipated to generate 50,000 jobs. The minister stated that Foxconn has been asked to provide data on the skill sets it seeks in employees. As a result, he stated that steps will be done to facilitate training courses for qualified applicants in order to make them employable.

Foxconn has already paid Karnataka Industrial Areas Development Board 30% of the land cost (Rs 90 crore). The electronics behemoth has set a goal of completing the project in three phases and of producing 20 million units (2 crore units) annually from the factory after the three phases are completed.

Foxconn

The minister made the announcement after meeting with firm leaders led by George Chu as part of the courtesy visit. Priyanka Kharge, Karnataka’s Information and Technology Minister, was also in attendance.

According to Reuters, Apple has been relocating production away from China after the government’s tight Covid-related restrictions hampered the production of new iPhones and other gadgets in the country. The internet titan is also attempting to prevent a damage to its company as a result of escalating tensions between Beijing and Washington.

In April of this year, Apple opened its first retail outlets in India. The iPhone maker opened two locations, one in Delhi and one in Mumbai.

Union Minister Ashwini Vaishnaw recently stated that India was on its path to becoming a worldwide leader in the mobile device category, with smartphone exports more than doubling to more than $11 billion. India’s mobile phone exports were about $11.12 billion, with iPhone maker Apple accounting for roughly half of that total.