Apple supplier Foxconn will soon begin commercial production at another phone manufacturing unit within its Foxconn Hon Hai Tech India facility close to Chennai, reports The Economic Times.
The article says this comes amid strong India sales for the tech giant. The ET adds that Foxconn is reportedly set to begin production in the new building in just a few months. In recent weeks the company has increased its hiring efforts in India.
Regarding India, Apple is using the country’s PLI scheme to make the iPhone 13 locally and support future aggressive pricing, reports Canalys. The PLI program launched two years ago, offers a cash incentive for three to five years on the incremental sale of goods made in India over the determined base-year sales. Additionally, the identified beneficiaries are required to commit to a certain minimum investment in India.
