The production of some of Apple's products has been diverting from China to India for a long time and this is precisely what they want at Apple, to further decentralize the production of their products to other places such as Vietnam. In any case Foxconn will invest about 1000 billion dollars in a production plant in India, an investment made supposedly at the behest of Apple.
6.000 more jobs in India after investment
When Apple performs this type of maneuver with the companies that manufacture for it, employment and other benefits are generated for the host country. In this case, as can be read in the Reuters media, Foxconn's investment in India will generate some 6.000 direct jobs. On the other hand, the tax advantages to produce in India are present although it is true that you have to invest a lot of money to pay off.
Foxconn plans to expand its plant located in Sriperumbur, a factory that is currently responsible for the production of iPhone XRs. In the not too distant future these company manufacturing plants are expected to start producing other models. Nowadays, Apple's interest in manufacturing in India may have two clear objectives, one of them is clearly to decentralize the production of China and the second is to enter something more in the Indian market that would mean an increase in the sales of the products. Apple at home. The Indian government wants the technology companies to start producing products in the country, but always under your conditions, this is starting to pay off recently.