We’ve recently informed you about Foxcon’s intentions to invest $1 billion to increase the production of the iPhone in India, which is the largest smartphone market in the world following China.
Now, Foxconn has begun assembling the current generation of iPhone units, the iPhone 11 lineup, and a small batch of locally manufactured iPhone 11 units has already shipped to retail stores. Although the production yield is now limited, the effort illustrates Apple’s further commitment to India to increase local production.
Recently, India’s Minister of Commerce and Industry, Piyush Goyal, tweeted that the Giant had begun assembling iPhone 11 models in India.
As a second-largest smartphone market in the world, India’s consumers are still limited financially, which is the reason why Xiaomi smartphones are very popular there, offering great value for a low budget.
Only recently India has come up with a rule change that could increaser production of more handsets including newer models. According to The Economic Times report, the government in India has made some adjustments to its production-linked incentive (PLI) scheme, which now enables manufacturers to shift to India in a big way.
With the assembling of the devices in India, smartphone vendors can avoid roughly 20% import duty that the Indian government charges on imported electronics products.