India is rapidly emerging as a global manufacturing hub. Products of many famous companies like Apple and Google are now being manufactured in India. Manufacturing of Apple’s iPhone has already started in India. Now, Google has announced that it has begun manufacturing its flagship smartphone, Pixel, in India.
This Is Why This Thing Is Important
Leading contract electronics manufacturing firm Foxconn has made a critical comment regarding this. According to Foxconn, India’s era has begun globally, and now India will dominate manufacturing. This comment also becomes special because, after devices like smartphones, preparations are going on for large-scale manufacturing of semiconductors and EVs in India.
Comment From Foxconn’s India Representative
Foxconn’s India representative Wei Li posted about this on the professional social network LinkedIn. He shared pictures of the Hon Hai Tech Day 2023 event held on October 18. Along with the photographs, he wrote, Great program with immense aspirations for India, this is the beginning of the era of India, which is dedicated to EV and semiconductors.
Shifting From China To India
Hon Hai Precision Industry Co., Ltd. is headquartered in Taiwan. It is the parent company of Foxconn. Foxconn manufactures iPhone and other devices on contract for Apple. The company’s manufacturing has been China-centric, but the picture is changing. Foxconn is shifting a large part of its manufacturing to India.
Google Has Announced This
Many other contract manufacturers of Apple are making iPhones in India. The recently launched iPhone 15 is manufactured in India and exported to many markets. In an event this week, Google announced that the manufacturing of its flagship Pixel phone will start in India.
Foxconn’s Preparations In India
Talking about Foxconn, recently, it was told in many media reports that the company is preparing to start EV manufacturing in Tamil Nadu. The company is also preparing to set up a semiconductor plant by taking advantage of the PLI scheme for semiconductors. Earlier, Foxconn and Vedanta were jointly setting up semiconductor plants, but now both are working on separate plans.
