Foxconn invests 267 crore to manufacture iPhone 16 Pro in India

Foxconn has made a significant investment in its Indian operations to enhance its manufacturing capabilities for the iPhone 16 Pro series. This move is noteworthy because it marks the first time that Apple's high-end iPhone Pro series will be produced outside of China.

This strategic investment was confirmed through a regulatory filing by Foxconn's subsidiary, Foxconn Hon Hai Technology India Mega Development Private Limited. The filing disclosed the acquisition of machinery from APPLE OPERATIONS LIMITED. The aim of this investment is to increase production capacity at Foxconn's facility in Tamil Nadu, aligning with Apple's broader strategy to diversify its manufacturing footprint.

By expanding its operations in India, Foxconn is positioning itself to meet the growing demand for Apple's flagship iPhones while also reducing its reliance on China as a manufacturing hub. This move not only strengthens Foxconn's presence in the Indian market but also contributes to Apple's efforts to diversify its supply chain and mitigate potential risks associated with concentrated production in a single country.

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