• By Alex David
  • Tue, 20 May 2025 05:47 PM (IST)
  • Source:JND

Apple’s main partner, Foxconn, has proclaimed a significant $1.5 billion investment in its India division, which indicates an increase in their business activities in India. This is aligned with Apple's intent of expanding their business prospects in India and trying to shift manufacturing focus from China. This investment will improve manufacturing, create more jobs, and enhance India’s influence as a leading country in electronics. Foxconn is already in the process of assembling iPhones, and the new investment can help the establishment of more complex manufacturing systems for other products like tablets and laptops. India is aiming to become a manufacturing powerhouse, which is being well-supported by the Foxconn declaration in the country.

Foxconn Investment in India

Foxconn, an Apple Supplier, has made an announcement regarding an investment of 1.5 billion rupees in India operations. This is further strengthening Apple’s business strategy to widen their market of India and reduce their focus on China. This is a result of the rising trade conflicts between the US and China, which shows that Apple is changing its controlling interests in India. Foxconn’s India unit, Yuzhan Technology India, currently handles iPhone assembly and electronic component manufacturing in Tamil Nadu. The investment is Apple’s further confirming its operations in India’s seas of trade.

Investment Details

Foxconn is a Singapore-based subsidiary and is expected to invest about $1.5 Billion that makes approx. Rs. 127.74 Billion. The source is filing in the London Stock Exchange with recipient Yuzhan Technology India, based in Tamil Nadu. Also, the transaction was for the acquisition of 12.77 Billion shares at Rs. 10 each.

Yuzhan Technology, India functions as Foxconn’s India unit that manufactures electronic components and assembles iPhones for Apple in Tamil Nadu.

Apple’s Strategic Shift

Since Covid, Apple has been reducing its dependence on China amid US tariffs, seeking supply chain stability and cost mitigation. India emerging as a key alternative to several manufacturing base giving a boost to Make in India.

Recent India Production Milestones

In March 2025, Apple exported ~600 tons of iPhones from India that generated a total export value of $2 billion (approx. Rs. 17,103 crore) that caters US (United States) as its primary market.