By Admin 
Apple vendor foxconn investment: Despite the advice of US President Donald Trump that he does not want Apple to invest in India, the company is taking steps forward under its big plan. Apple’s important supplier FoxConn has invested a huge invested of $ 1.24 billion, or about Rs 12,800 crore for the operation of its plant in India within the last five days. This information was given in regulatory filing by the company.
This investment has been made in Tamil Nadu Unit of FoxConn K, FoxConn, Ujhan Technology (India) Private Limited. The investment by the company was made at a time when Apple is moving forward to shift China’s own business to India under a big plan. Also, she is trying to increase its production with fast.
Big investment in apple
Apple CEO Tim Cook recently announced that most of the iPhones sold in the June quarters in the US would be made from India, while the phone made in China will be sent to other markets of the world due to uncertainties on tariffs. During the financial year 2025, FoxConn’s income from India was almost doubled $ 20 billion (1.7 lakh crore), which is especially due to increased production of iPhone. According to an estimate by S&P Global, Apple has sold around 759 lakh phones in the US market in the year 2024.
Rapid production capacity being increased rapidly
Only about 31 lakh phones have been exported from India in the month of March. In such a situation, to further increase exports, the company will either have to increase its production capacity or produce from another unit.
The government estimates that about 15 percent iPhone of Apple is made in India. Apple is trying to increase it to 6 crores during this financial year. Earlier, Union Minister Ashwini Vaishnav had said that during FY 2025, a record number of mobiles were exported from India, in which 1.15 lakh iPhones were exported.
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