Foxconn plans to double iPhone production in India with 25-30M units

Foxconn plans to manufacture 25-30 million Apple iPhones at its plants in India this year, representing more than a twofold rise compared to last year's production. According to sources familiar with the plans, this occurs as Apple broadens its manufacturing footprint in India and aims to diversify its production network.

The Taiwanese company has been carrying out limited testing activities at its Bengaluru location for the last three to four months, suggesting swift progress in its growth of manufacturing operations throughout India, the source noted.

"Last year, the company assembled about 12 million iPhones in India," a source told ET. "But with their Bengaluru facility also coming up quickly, they have set their ambitions a lot higher, in line with Apple's push to deepen their presence in India."

With Apple expanding beyond China, Foxconn's activities in India have seen significant expansion. The Taiwanese company has boosted its investments in mobile assembly domestically, indicating more growth ahead as Apple enhances its footprint in India.

Chang states that iPhone production remains Foxconn's top priority. He expects India's production share to rise from last year's target of 12-16% to 21-25% this year. In line with Apple's vision, Foxconn aims to enhance its collaboration, concentrating on broadening its manufacturing footprint in India.

Once trial runs are successfully finished, Foxconn can move on to the 'revenue build' phase, when the produced phones will be set for distribution. Beginning deliveries from the Bengaluru facility will be a key factor in achieving Foxconn's desired production goals.