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Apple Supplier Hon Hai Invests $1.5 Billion to Expand Operations in India
The capital injection aims to bolster Hon Hai’s ongoing expansion efforts in southern India, where new manufacturing facilities are under construction and production capacity is being scaled up. Specific details about the plans have yet to be revealed by the company.
Foxconn Commits $1.48 Billion to Boost iPhone Production in India Amid Global Supply Chain Shift
The investment has been directed toward Yuzhan Technology (India) Private Limited, a unit based in Tamil Nadu, via Foxconn’s Singaporean entity.
Despite Trump's Criticism, Apple Accelerates iPhone 17 Pro Production in India to Meet U.S. Demand
To combat this, Apple is fast-tracking plans to produce the iPhone 17 series in India to address increasing demand from the US and local markets.
Apple's India iPhone Production Set to Reach ₹3.36 Lakh Crore by FY26 Amid Global Supply Chain Shift
Industry estimates indicate that this tactic will enable Apple to meet 80 percent of the iPhone demand in the United States and also serve the entirety of India's growing domestic market.
Majority of iPhones sold in US in June quarter to come from India, Says Tim Cook
Bragging during Apple's quarterly earnings call following a strong March quarter, Cook pointed out that tariffs today are determined by where something is produced. "For June, we do expect the overwhelming majority of iPhones sold in the US to have India as country of origin and Vietnam to be the country of origin for almost all iPad, Mac, Apple Watch, and AirPods products sold in the US," he stated.
Apple clocks quarterly record in India, new retail stores coming this year, Says Tim Cook
Apple Chief Executive Tim Cook further added, "In retail, apart from the two stores that we opened during the quarter, we are also looking forward to a new retail store in the UAE, opening of the online store in Saudi Arabia, and new retail stores in India later this year."
Apple Sees 28% Growth in iPhone Shipments in India, According to Industry Data
The iPhone 16 series emerged as the top-seller, occupying 54% of the market, followed by the iPhone 15 series, capturing 36% of the shipments during Q1 2025, as per the CyberMedia Research (CMR) report.
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