Apple plans to make iPhone for the Indian market in Bengaluru.Wistron, a Taiwanese OEM maker for Apple,is setting up a facility in Peenya,the city’s industrial hub to manufacture the iPhones. The facility will start production from next April, according to industry sources.
Apple is very serious about beginning assembly operations and thereafter full manufacture- in India by the end of next year. Banglore is being looked at seriously said multiple source.Local manufacture will help apple price its phone competitively as full imports attract 12.5% additional duty.
Foxconn,Apple’s largest Taiwan-based OEM,earlier committed to setting up a manufacturing plant in Maharashtra,India. The assumption was the plant would make only Apple products.But sources say Foxconn has tied up with other company like Xiaomi and OnePlus for local manufacture and not necessarily to only make Apple products there.
The Bengaluru manufacturing Facility underscores India’s importance for the Cupertino-based company.
Apple CEO Tim Cook’s multi-city India tour earlier this year signalled the growing importance of India powered by the demand of Apple products by a burgeoning middle class.Data from Hong Kong based Counterpoint Technology Market Research showed that Apple sold 2.5 million iPhones in India from October 2015 to September 2016, a rise of more than 50% over the years -ago period.