Foxconn has committed $1.5 billion to bolster its operations in India—an initiative likely aimed at scaling up iPhone manufacturing within the country. As Apple continues to shift its production strategy away from its heavy reliance on China, India is rapidly emerging as a key hub in its global supply chain. To support this shift, Foxconn—formally known as Hon Hai Precision Industry—is injecting significant capital into its Indian division.
According to a stock exchange disclosure reviewed by Bloomberg on Monday, the funding will be funneled through the company’s Singapore-based subsidiary.
This funding marks another step in the ongoing efforts by Apple’s supply chain partners to strengthen their presence in India. When it comes to iPhone manufacturing in particular, Apple is eager to increase output within the country to reduce exposure to global uncertainties—such as trade tensions and tariff policies introduced during the Trump administration.
Karnataka Minister M. B. Patil announced that Foxconn’s facility at the Devanahalli ITIR near Bengaluru is almost ready to begin exporting iPhones to the U.S., possibly starting in June. He shared this development via a post on X (formerly known as Twitter).
Foxconn’s unit at Devanahalli ITIR is nearly ready for launch
— M B Patil (@MBPatil) May 17, 2025
Foxconn’s unit at Devanahalli ITIR is nearly ready for launch, with commercial iPhone shipments expected to begin as early as June.
This isn’t just a manufacturing milestone — it marks a strategic shift. With rising… pic.twitter.com/b9ypWQGuUh
This advancement takes place against the backdrop of previous criticism from former U.S. President Donald Trump, who had voiced concerns over Apple’s increasing manufacturing footprint in India. Nonetheless, the move represents a major achievement for Karnataka in the global manufacturing sector.
Patil emphasized that the progress not only strengthens the state’s position on the international production map but also boosts foreign investment while safeguarding the interests of all stakeholders involved.
Earlier, during an event in Doha, Trump had expressed his discontent with Apple CEO Tim Cook, stating that he was unhappy with Apple’s growth in India unless the output was strictly meant for the Indian market.
