Apple plans to manufacture iPhones for the Indian market in Bengaluru. Wistron, a Taiwanese OEM creator for Apple, is setting up a facility in Peenya, the city’s industrial hub, to make the iPhones. The facility will begin production from next April, as per the industry sources.
Best sources in the organization confirmed that Apple is “very serious” about starting assembly operations —and from there full manufacture — in India by the end of next year. “Bangalore is being looked at seriously,” said different sources within the organization. Local manufacture will help Apple price its phones competitively as full imports attract 12.5% extra duty.
Foxconn, Apple’s biggest Taiwan-based OEM, previously committed to setting up a manufacturing plant in Maharashtra. The assumption was the plant would only manufacture Apple products. But sources say Foxconn has tied up with other players like Xiaomi and OnePlus for local manufacture and not compulsory to only make Apple products there.
This will be Apple’s second big declaration for Bengaluru. In May, Apple declared a design and development accelerator in the city to grow the iOS developer community and also to guide Indian developers to leverage Apple’s programming language Swift and build apps for Apple TV and Apple. The facility will open early next year.
The Bengaluru producing facility underscores India’s significance for the Cupertino-based company.
Apple CEO Tim Cook’s multi-city India visit earlier this year signaled the growing importance of India powered by the demand for 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 year-ago period.
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Sameeksha Bhardwaj, From ITvoir News Desk