One of Apple’s main suppliers, Foxconn, has announced that it will invest $1.5 billion in its manufacturing unit in India. This move is part of Apple’s broader strategy to shift production outside of China amid the U.S.-China trade war and the imposition of high tariffs on Chinese goods.
Foxconn’s Singapore-registered subsidiary will invest 127.74 billion rupees (approximately $1.5 billion) to acquire shares in Yuzhan Technology India. Located in Tamil Nadu, Yuzhan Technology India is responsible for manufacturing electronic components and assembling Apple’s iPhones.
In recent years, Apple has been positioning India as a key alternative manufacturing hub. As a result of the U.S. tariff policy, additional duties have been imposed on Chinese-made products, raising concerns over supply chain disruptions and potential increases in product prices. For instance, in March 2025, Apple exported nearly 600 tons of iPhones worth around $2 billion from India to the United States.
Foxconn’s investment decision reflects a growing trend among Apple and its suppliers to expand their manufacturing capabilities in India and establish a more resilient global supply chain. It also aligns with India’s strategy to become a regional leader in electronics manufacturing.
This investment is expected to significantly contribute to the development of India’s industrial sector by creating new jobs and strengthening the technological infrastructure. The expansion of Foxconn’s operations in India will enhance regional competitiveness and solidify the country’s role in the global manufacturing network.
