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Tuesday, 10 May 2016

Foxconn nears deal to build iPhones in India

The report also claims that while several state governments have been in the fray for the deal, the centre government and Foxconn have zeroed on Maharashtra.


In Association with Amazon.in .
Earlier a Reuters report too had claimed that Foxconn is looking at manufacturing iPads and iPods in India, for both local and international sales. Maharashtra industry minister Subhash Desai too had shared details on Foxconn's interest in the region.
In August 2015, the Taiwanese company had made a commitment to set up factories in the state.
The company had signed a memorandum of understanding with the state government to set up an electronics manufacturing facility.
Apple CEO Tim Cook says betting big on India, but lot of work needs to be done
Foxconn is reported to have shortlisted Talegaon-Chakan and Khalapur as likely locations. The company has also taken office space in Mumbai for the production of Xiaomi and Reliance Jio's Lyf smartphones.
The world's largest electronics major is making products for companies such as Sony, Xiaomi, Gionee and Microsoft at its India units.
Meanwhile, the Indian government has recently rejected Apple's request to sell refurbished iPhones in India. The government has sounded out Apple that it is in-principle against allowing import and sale of second-hand phones in India to prevent dumping of hazardous electronic waste.
This deals a setback to the smartphone maker's expansion plans in a market where it sees huge potential amid overall slowdown of its sales.

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