iPhone Maker Foxconn Set to Quadruple India Plant Workforce - Asia Financial

Taiwan’s Foxconn plans to quadruple the workforce its iPhone mill successful India implicit the adjacent 2 years, authorities officials said.

The cardinal Apple supplier plans to boost the workforce astatine its works successful confederate India to 70,000 by adding 53,000 much workers implicit the adjacent 2 years, said the sources, who declined to beryllium named arsenic the discussions are private.

Foxconn has grabbed headlines in caller weeks, with choky microorganism restrictions astatine its Zhengzhou plant, the world’s largest iPhone factory, disturbing accumulation and fuelling concerns implicit the interaction of China’s microorganism argumentation connected planetary proviso chains.

While the size of the works successful India’s confederate authorities of Tamil Nadu is dwarfed by Foxconn’s Zhengzhou plant, which employs 200,000 workers, it is cardinal to Apple’s efforts to displacement accumulation distant from China.

Indian Expansion

A idiosyncratic successful Taiwan with cognition of the substance said Foxconn was expanding its operations successful India to summation its capableness for basal iPhone models and to conscionable Indian demand.

Foxconn has shared its plans with Tamil Nadu officials astir accelerating its hiring efforts astatine the Indian works owed to disruptions successful China, said the archetypal authorities source.

Foxconn, formally called Hon Hai Precision Industry Co Ltd, opened the India works successful 2019 and has been ramping up production. It began producing iPhone 14 this year.

JP Morgan analysts estimated in September that Apple whitethorn marque 1 retired of 4 iPhones successful India by 2025, and 25% of each Apple products, including Mac, iPad, Apple Watch and AirPods, volition beryllium manufactured extracurricular China by 2025 from 5% currently.

Both Foxconn and Apple declined to comment.

• Reuters, with further editing from Alfie Habershon

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