Rumor has it that —Foxconn — Apple’s major manufacturing contractor has been given approval to construct a manufacturing unit in India. In accordance with the reports, Maharashtra’s Chief Minister, Devendra Fadnavis, said that government has been negotiating on the set up of such plant in the state.
If this deal finds solid ground than being just a rumor, then it could be a big leap forward for Apple as it was not allowed to sell iPhones in India on the pre-text of not having a manufacturing center in the country. With this move Apple can tap the growth that lies in India and its ever growing mobile consumer base.
The reports also state that the Indian government will be supporting such a plant as it will prove to be beneficial for economic growth, and will also result in an increase of employment. Devendra Fadnavis is pretty impressed by Foxconn’s existing plant in Henan province that provides employment to around 3,00,000 workers, so we can assume that Foxconn might setup a similar in India too.
As of now, there is no confirmation regarding the closure of deal, although if it turns out to be true, then it might just be used to build device parts and the final assembling might still be executed in the China based unit.
