Apple’s assembly partner Pegatron Corps is likely to make a major investment in India. So, the company is considering launching its first assembling project in India.
The government launched a special 6.6 billion plans to attract foreign investors. Therefore, smartphone manufacturing companies are attracting to invest in India by providing financial incentives.
Foxconn plans to invest 1 billion in India and Foxconn assembles the iPhone for Apple. however, Foxconn already makes smartphones for Apple and Xiaomi in India.