Apple is reportedly making its flagship iPhone 11 at the Foxconn plant in India near Chennai, hence giving a boost to the Indian government's 'Make in India' initiative.
The production will be carried out in phases. According to two senior industry executives, the company might consider exporting the made-in-India iPhone 11, hence reducing its dependence on China. Local production will save Apple 22% import duty.
Apple is also said to be planning to manufacture the new iPhone SE at the Wistron plant near Bengaluru. The unit is known to have produced the earlier iPhone SE which has been withdrawn.
This latest move of Apple has contributed to the company's growing localization of its manufacturing in India, where it will benefit from the government's Production Linked Incentive (PLI) scheme. Not only that, but it will also help expand Apple's production base beyond China.
ET has reported that another of Apple's contract manufacturers. Pegatron, has registered a subsidiary in India recently, so the company seems to be determined to expand its manufacturing in India.
Apple's iPhone 11 is the biggest seller in India among the three new models that the company launched in September.