Your next iPhone purchase could be a little easy on your pockets as Apple plans to make iPhones for the Indian market in Bengaluru by the end of next year.
As per the reports appeared in Times of India, a Taiwanese OEM maker for Apple, is setting up a facility in Peenya, the city’s industrial hub, to manufacture the iPhones. The facility will start production from next April.
Apple is very serious about beginning assembly operations —and thereafter full manufacture — in India by the end of next year. “Bangalore is being looked at seriously,” said multiple sources within the company.
Local manufacture will help Apple price its phones competitively as full imports attract 12.5% additional duty.
Foxconn, Apple’s largest Taiwan-based OEM, earlier committed to setting up a manufacturing plant in Maharashtra.
The assumption was the plant would make only Apple products. But sources say Foxconn has tied up with other players like Xiaomi and OnePlus for local manufacture and not necessarily to only make Apple products there.
This will be Apple’s second big announcement for Bengaluru. In May, Apple announced a design and development accelerator in the city to grow the iOS developer community and also to guide Indian developers to leverage Apple’s programming language Swift and build apps for Apple TV and Apple Watch. The facility will open early next year.
Apple CEO Tim Cook’s multi-city India tour earlier this year signalled the growing importance of India powered by the demand for Apple products by a burgeoning middle class.
Data from Hong Kong-based Counterpoint Technology Market Research showed that Apple sold 2.5 million iPhones in India from October 2015 to September 2016, a rise of more than 50% over the year-ago period.