Thursday, June 24, 2021
Home News Reports Tech-giant Apple Inc's top-end iPhones assembled in India to hit stores next month

Tech-giant Apple Inc’s top-end iPhones assembled in India to hit stores next month

Apple is expected to save on high taxes levied on the import of fully-built devices and it can also meet its local sourcing norms for opening its own retail stores in India.

In a move that will be a big boost to Modi government’s Make In India scheme, global tech giant Apple has decided to assemble its flagship iPhone devices in India, reports Reuters.

Reportedly, Foxconn, a company which assemble Apple Inc’s top-end iPhones will begin its operation from India. The locally assembled iPhones are likely to hit Indian stores next month. Apple’s decision to shift to India will help them reducing prices in the world’s second-biggest smartphone market.

However, Apple Inc is yet to get some approvals. It is expected that India-made iPhone XR and XS devices are expected to hit the market by August. Apple is expected to save on high taxes levied on the import of fully-built devices and it can also meet its local sourcing norms for opening its own retail stores in India.

Interestingly, Apple Inc has not made any comment regarding its decision to shift. Meanwhile, Foxconn said it does not comment on customers or their products.

Earlier, there were reports that tech-giant Apple Inc. will shift its mass production facility from China to India. As per reports, Apple’s iPhone will be mass produced in India by Foxconn Technology starting this year end.

Recently, in July 2018, Samsung had inaugurated the world’s largest mobile phone factory in Noida, India, which will roll out 120 million units per year. Samsung plans to use India not only for manufacturing and local selling but also as an export hub for India-made handsets.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

From cover up to conspiracy to murder: Some unanswered questions about Dr Syama Prasad Mookerjee’s death in Kashmir

Dr Syama Prasad Mookerjee had died mysteriously days after he was arrested in Jammu and Kashmir for entering the state without permission

Former IFS officer Lakshmi M Puri sends legal notice to Congress supporter Saket Gokhale for misleading allegations against her

Alleged activist and Congress mouthpiece Saket Gokhale made baseless allegations against Lakshmi M Puri, wife of Hardeep Singh Puri

Ever Given: Ship that blocked Suez Canal has since been held by Canal authorities, they wanted 916 million dollars

After demanding 916 USD initially, the canal authorities had later lowered the demand amount to 550 million. A final settlement is expected to be reached soon.

Trinamool MP Mimi Chakraborty duped by fake IAS officer’s fake vaccination drive, one arrested

Mimi Chakraborty was reportedly duped by a man who claimed to be an IAS officer and requested the TMC MP to be chief guest at a COVID-19 vaccination drive organised by him.

Telangana: Woman working at Christian priest’s home dies in police custody, officer suspended

Mariyamma, who used to work as a domestic help at local priest Father Balaswamy's house in Govindapuram village, breathed her last on June 18 after cops allegedly assaulted her.

Kanpur: Hindu families put “for sale” signs outside their houses after being forced to convert to Islam, SP MLA accused of shielding the goons

10 Hindu families in Rail Patri colony in Kanpur live under constant fear as they have been threatened either to covert to Islam or leave the area.

Recently Popular

‘Is your father a mali or chowkidar? I will cancel your license, H*r*m*zade’: Maneka Gandhi threatens vets in viral audios

The Indian Veterinary Association in a letter have condemned the unruly behavior and unparliamentary language used by Maneka Gandhi against animal doctors.

After being slammed by Bombay HC for lack of evidence, Mumbai police names Arnab Goswami as an accused in second TRP chargesheet

Republic TV had submitted before Bombay HC that Mumbai Police have deliberately not named Arnab Goswami in charge sheet to keep the investigation open

Former IFS officer Lakshmi M Puri sends legal notice to Congress supporter Saket Gokhale for misleading allegations against her

Alleged activist and Congress mouthpiece Saket Gokhale made baseless allegations against Lakshmi M Puri, wife of Hardeep Singh Puri

Uttar Pradesh: One Dilshad caught breaking idols in Hindu temple in Kannauj, accomplice Umar says they were instructed to do so

Kannauj Police superintend Dr Arvind Kumar informed that a case will be filed under NSA against the main accused and others.

Kerala CPM expels Christian member who questioned conversion of his wife and son to Islam

He had alleged that Nazeera, a Panchayat member, and her husband Younus, an employee of Calicut University were the masterminds behind the alleged forced religious conversion.
- Advertisement -

 

Connect with us

255,564FansLike
555,569FollowersFollow
24,400SubscribersSubscribe