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Foxconn invests $2.5B in India for new iPhone factory, aiming to produce a quarter of global iPhones by 2025.
Foxconn is investing $2.5 billion in a new iPhone factory in India, aiming to produce 25-30% of the world’s iPhones by 2025.
This move is part of a larger trend of manufacturing diversification away from China, driven by India's "Make in India" policy, which offers subsidies and local sourcing requirements.
The initiative is boosting local economies, with wages and business opportunities rising near the factory.
This shift reflects growing global trade tensions and a push for more diversified manufacturing bases.
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Foxconn invierte $2.5B en India para una nueva fábrica de iPhone, con el objetivo de producir una cuarta parte de los iPhones globales para 2025.