Foxconn is set to significantly expand its operations in India by planning to assemble Apple’s iPad at its Tamil Nadu facility. Currently focused on iPhone manufacturing, this move marks a pivotal shift for the company. Sources close to the matter have revealed to ET that Foxconn is evaluating the feasibility of this ambitious initiative.
The expansion underscores India's growing importance as a manufacturing hub for global tech giants, with Foxconn leading the charge. By diversifying its production portfolio to include iPads, Foxconn aims to capitalize on the Indian government's push for local manufacturing and reduce dependency on China. This strategic move aligns with Apple's broader goal of diversifying its supply chain amidst global uncertainties.
Foxconn’s decision to explore iPad assembly in India could bring substantial benefits to the region, including job creation and economic growth. The Tamil Nadu facility is expected to play a crucial role in this new venture, leveraging its existing infrastructure and workforce.
As discussions progress, the potential entry of iPad assembly in India is poised to enhance Foxconn’s presence in the country significantly. This expansion is not only a testament to India’s growing manufacturing capabilities but also a reflection of Foxconn’s strategic foresight in navigating the evolving global market dynamics.
News by Rahul Yelligetti