Overview

• Foxconn has invested $1.5 billion through its Singapore subsidiary to expand its manufacturing capacity in Tamil Nadu, India.
• Apple plans to source the majority of iPhones sold in the US from India in the June quarter, reducing reliance on China amid geopolitical tensions and tariff risks.
• Tata Electronics has begun assembling iPhone 16 and 16e models at its Hosur facility, with plans to expand production lines significantly.
• Foxconn's Devanahalli ITIR facility in Karnataka is nearing readiness to start exporting iPhones to the US, with shipments expected to begin in June.
• In March, Apple airlifted $2 billion worth of iPhones from India to the US to preempt tariffs under the Trump administration’s trade policies.