In this regard, Tata Electronics, Apple and Foxconn did not answer the request sent for comments. China holds more than 75 percent stake in the manufacturing of iPhones. Foxcony in India has increased to about Rs 1.7 lakh crore in the last financial year. The number of workers of Foxconn has increased by 65 percent. Foxconn has around 80,000 workers in the country. This Taiwan company is the largest manufacturer of iPhones.
Recently, Electronics and IT Minister Ashwini Vaishnaw had said that the iPhone’s share in smartphones exports from the country has been around Rs 1.5 lakh crore in the last financial year. He had said that guidelines will be released in the next few weeks for the government’s electronics components scheme of Rs 22,919 crore. This year, Foxconn plans to assemble about three million units of iPhone. In this year’s budget, Foxconn can benefit from the announcement of tax exemption on the import of smartphone parts. Apple plans to start manufacturing airpods, macbook and iPad in the country. Manufacturing airpods for export at Foxconn’s Hyderabad plant may be started soon.
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