Taiwan’s leading electronics manufacturer, Foxconn, is making significant strides in India by ramping up its investments amidst evolving global trade patterns. With a recent acquisition of machinery valued at Rs 276 crore (approximately $32.25 million), Foxconn aims to bolster its production capabilities, particularly in iPhone assembly. This announcement comes just before April 2, when the U.S. government plans to implement reciprocal tariffs affecting various nations, including India.

Expanding iPhone Production in India

Foxconn is on a mission to double its iPhone production within India, aligning with Apple’s broader strategy to diversify manufacturing away from China. While both Foxconn and Apple have remained tight-lipped regarding this latest investment, the move signals a clear intent to increase production capacity in the region.

Advocacy for Reduced Import Duties

The India Cellular and Electronics Association (ICEA) is advocating for a reduction in the 15% import duty on mobile phones sourced from the U.S. They contend that the U.S. does not pose a direct competitive threat to India’s electronics sector and could present an $80 billion opportunity for mobile phone exports from India.

New Ventures in AirPods Manufacturing

In addition to its focus on iPhones, Foxconn is also set to commence the production of Apple AirPods in Hyderabad this month. This marks the introduction of a second Apple product line to be manufactured in India, further solidifying the country’s role as a pivotal manufacturing base for the tech behemoth.

Foxconn’s investments not only enhance its operational capacity but also contribute significantly to India’s growing reputation as a hub for electronics manufacturing. As the landscape of global trade continues to shift, the implications for both local and international markets remain profound.

For more insights on the evolving electronics market, check out our articles on Apple’s growth in India and Foxconn’s manufacturing strategies.