Foxconn To Boost iPhone Production in India With $1.5 Billion Investment, Adds New Semiconductor Plant

Highlights

• Foxconn is investing $1.5 billion to scale up iPhone production in Tamil Nadu shifting more supply away from China.
• A new ₹3,700 crore chip plant near Noida in partnership with HCL Group will produce display driver chips, adding to India’s growing chip ecosystem.
• Foxconn’s 300-acre facility near Bengaluru will see a $2.56 billion investment to produce 100,000 iPhones by December 2025.

Caption – Foxconn is all set to invest $1.5 Billion to boost iPhone Production in India. (Image credit – ET)

Foxconn has just poured another $1.5 billion (around ₹12,500 crore) into India, further ramping up its efforts to shift more of Apple’s iPhone production away from China. This investment comes via Foxconn’s Singapore-based subsidiary, which purchased 12.7 billion shares in its Indian arm Yuzhan Technology India. The company, based in Tamil Nadu, plays a key role in Apple’s supply chain by making smartphone components.

The Indian government has been pushing hard to build its semiconductor manufacturing ecosystem and things are moving fast. There are already five semiconductor units under construction and now with Foxconn’s new project, the total number is up to six.

New Chip Factory Near Noida with HCL

Just recently, Foxconn got the green light from the Indian government to build a semiconductor plant near Noida airport. This ₹3,700 crore joint venture with HCL Group will make display driver chips used in smartphones, laptops, cars, and other electronic gadgets. The facility is designed to handle 20,000 wafers and churn out up to 36 million chips each month.

India is backing this growth with infrastructure, policy support and academic involvement. Over 270 institutions and 70 startups are now involved in advanced chip design. At SCL Mohali, students have already completed 20 chip designs.

Big names like Applied Materials and Lam Research have also set up shop in India, and suppliers including Merck, Linde, Air Liquide and Inox are expanding to support the chip ecosystem.

Massive Foxconn iPhone plant in Karnataka

Despite recent controversial comments from former U.S. President Donald Trump, who reportedly told Apple CEO Tim Cook, “I don’t want you building in India”, Apple is clearly committed to its India plans.

CEO Tim Cook has said that most iPhones sold in the U.S. will soon be made in India. That shift is already happening at Foxconn’s 300-acre plant in Devanahalli, Karnataka, where work is moving full steam ahead. On Monday, production continued smoothly, and construction of worker dormitories, a common part of the Foxconn model, was ongoing.

The Karnataka facility, which spans Doddagollahalli and Chapparadahalli villages, is about 34 km from Bengaluru’s Kempegowda International Airport. Foxconn is investing $2.56 billion (over ₹21,000 crore) into this plant.

The first phase (2023–24) saw an investment of ₹3,000 crore, and a similar amount is expected for phase two (2026–27). Foxconn aims to produce around 100,000 iPhones at the site by December this year.

FAQs

Q1. How much is Foxconn investing to boost iPhone production in India?

Answer. Foxconn is investing $1.5 billion (₹12,500 crore) in its Tamil Nadu plant to ramp up iPhone production, shifting more supply away from China.

Q2. What is Foxconn’s new semiconductor project in India?

Answer. Foxconn, in partnership with HCL Group, is building a ₹3,700 crore semiconductor plant near Noida, producing display driver chips for smartphones and electronics.

Q3. Where is Foxconn’s largest iPhone manufacturing facility in India located?

Answer. Foxconn’s 300-acre iPhone plant is situated near Bengaluru, Karnataka, with a $2.56 billion investment aiming to produce 100,000 iPhones by December 2025.

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