Apple Starts Making iPhone 11 In India! Price Can Come Down Because Of This Reason
In a significant boost to the Make in India initiative, Apple has already commenced the production of the Apple iPhone 11 at its plant in Chennai.
This seems to be another step by Apple to slowly decrease its operations in China, and its dependency, therefore, and move to other countries.
Apple To Start Manufacturing iPhone 11 At Its Chennai Plant in India
Apple’s plant in Chennai, Foxconn will soon begin manufacturing the iPhone 11, and this is the first time that the company has manufactured one of its top of the line products in India. This will give a large push to PM Modi’s Make in India movement.
As per reports, the production will happen in phases, and Apple might be looking at exporting the phones made in India. Apple is quite bent on reducing its production and operations in China.
The iPhone 11 units manufactured in China are being sold here in India, of which the prices haven’t been reduced. However, industry executives have revealed that there is a possibility that prices of the iPhone 11 may be reduced as manufacturing the phone locally would save Apple 22% import duty.
Apparently, Apple is enjoying the production linked incentive (PLI) scheme and its benefits offered by the Indian Government.
Apple’s Expansion Plans In India
Prior to this, technology giant, Apple assembled its phones in China but has recently shifted its operations to other countries, such as India, Vietnam, and Mexico. There are multiple reasons behind this move – tainted trade relations between the US and China, China being the origin of the deadly Coronavirus disease, etc.
Last year, it was announced that Apple will be manufacturing the iPhone X, iPhone XS, iPhone XS Max, and iPhone XR in India on a trial basis.
Apple is also considering manufacturing the Apple SE phone at the Wistron plant in Bengaluru. Apple has had plans to expand its manufacturing operations in India, and one of its contract manufacturers, Pegatron has also registered a subsidiary here.
The company has also announced that they will be opening up an Apple store in India by the year 2021. Also, the Taiwanese electronic manufacturer who assembles iPhone models in India, Foxconn, is investing Rs. 7500 crore ($1 billion) in Apple’s India facility.
Apple’s plans to expand its facility in Sriperumbudur, Tamil Nadu, also include the creation of about 6000 jobs.