Apple supplier Foxconn is reportedly planning to invest more than $200 million in this new plant in India for the production and supply of AirPods
In what could be a new start for stakeholders, Apple’s contract manufacturer Foxconn has reportedly won an order to make AirPods in India. The iPhone fame brand may soon have its production in India via Foxconn, the company that is reportedly planning to build a factory in the country to produce these wireless earphones.
As per a Reuters report, the deal could mean Foxconn becoming an AirPods supplier for the first time. The move that also highlights the key Apple suppliers aim to diversify production away from China comes at a time when Foxconn is already the “world’s largest contract electronics maker and assembler of around 70 per cent of all iPhones.”
At present, Apple’s AirPods are made by several Chinese suppliers and Foxconn winning the order for India could mean a host of positive things for all stakeholders, including India.
The report also adds that Foxconn is planning to invest more than $200 million in this new plant in India for the production and supply of AirPods. From what is known so far, the new plant could come up in Telangana; however, it is the actual worth of the AirPods order is still unclear, Reuters reported.
The buzz of Apple starting its AirPods production in India has been around for quite some time, especially with Foxconn making headlines. Hence, if the deal works out and gets officially announced, it could mean well in many ways. The publication also added that Foxconn Interconnect Technology Ltd. a subsidiary of the company also plans to start the construction of a manufacturing facility in Telangana in the second half of 2023.