Global tech giant Apple is planning to set up a manufacturing facility for iPhone production in India’s IT capital Bengaluru to cater to its huge demand in the country’s growing mobile market.
Apple finally looks set to manufacture iPhones in India from April next year. A report in the Times of India suggests that the company has chosen Bengaluru as the place of choice for the production.
The report said the factory will be set up in the Peenya industrial area of the city. Also, in a surprise move, Apple would partner with Taiwanese Wistron to produce smartphones instead of its long-standing manufacturer Foxconn. Latter already has a sizeable presence in the country by producing phones for the companies such as Xiaomi and OnePlus.
CEO Tim Cook had visited India earlier this year and had inaugurated two development centres in Hyderabad and Bengaluru. He also met Prime Minister Narendra Modi to discuss the possibility of opening the stores in the country. Modi invited him to make phones in India.
Apple India clocked robust sales touching Rs 9,997cr in FY16, up 56% from Rs 6,472cr, previously