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APPLE INC. COMMENCES ASSEMBLY OF IPHONE 12 IN INDIA

Highlights
• Apple in a statement released on Thursday said “We are proud to be starting production of iPhone 12 in India for our local customers.”
• According to the sources, the Indian unit of Apple’s Taiwanese contract manufacturer Foxconn will be assembling the device in its plant located in southern part of Tamil Nadu state


Technology giant Apple has said that it has commenced the assembly of iPhone 12 in India as it has decided to ramp up manufacturing operations in the world’s second-biggest smartphone market.
Apple in a statement released on Thursday said “We are proud to be starting production of iPhone 12 in India for our local customers.”
According to the sources, the Indian unit of Apple’s Taiwanese contract manufacturer Foxconn will be assembling the device in its plant located in southern part of Tamil Nadu state.
Foxconn, Wistron, and a third supplier Pegatron have together committed roughly $900 million (roughly Rs. 6,540 crore) over the period of next five years to manufacture iPhone models in India, leveraging the country’s $6.7 billion (roughly Rs. 48,660 crore) plan to boost export’s of smartphones.
The technology minister of India, Ravi Shankar Prasad made a tweet following news of iPhone 12 production in India, which read as “Nice to see our efforts to make India a big hub of mobile and components manufacturing is attracting global attention.” He further wrote that “This will create jobs in large numbers.”

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