Active Stocks
Tue May 21 2024 15:59:52
  1. Tata Steel share price
  2. 174.30 3.81%
  1. NTPC share price
  2. 371.90 1.50%
  1. Power Grid Corporation Of India share price
  2. 325.45 2.71%
  1. Tata Motors share price
  2. 951.15 -0.19%
  1. State Bank Of India share price
  2. 830.55 1.18%
Business News/ Companies / News/  Not in China but Chennai. Apple starts manufacturing of iPhone 11 in India
BackBack

Not in China but Chennai. Apple starts manufacturing of iPhone 11 in India

This is the first time Apple has manufactured a top-of-the-line model in India.

A man takes pictures of iPhones in the new Apple flagship store. (REUTERS)Premium
A man takes pictures of iPhones in the new Apple flagship store. (REUTERS)

In a major win for the govt’s Aatamnirbhar India initiative, Apple has started manufacturing of one of its flagship devices, the iPhone 11, at Chennai’s Foxconn plant. This is the first time Apple has manufactured a top-of-the-line model in India.

Commerce Minister Piyush Goyal announced the news on Twitter on Friday. Goyal wrote, “Significant boost to Make in India! Apple has started manufacturing iPhone 11 in India, bringing a top-of-the-line model for the first time in the country."

Prior to this, the Cupertino-based tech giant had started assembling the iPhone XR in India in 2019. In 2017, Apple had started the domestic manufacturing of the Apple iPhone SE 2016 in the Bangalore plant.

Apple also has plans to make the iPhone SE 2020 in India in its Wistron plant near Bangalore.

Earlier this month, Foxconn, which is a leading supplier for Apple has planned to invest up to $1 billion to expand its India factory where it assembles iPhone models. Pegatron — the second-largest iPhone assembler after Foxconn — was also reported to make some investment in the country and set up a local subsidiary in the coming future.


Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed - it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 24 Jul 2020, 01:13 PM IST
Next Story footLogo
Recommended For You