Subject


India


2023-12-08

[News] Tata Group Plans to Build New iPhone Assembly Plant in India, Aligning with Apple’s Localization Strategy for the Supply Chain

Apple's iPhone is gaining even more popularity in India, with Tata Group, India's conglomerate, reportedly preparing to build a new iPhone assembly plant. According to Bloomberg, this move aligns with Apple's broader manufacturing strategy expansion in India. Previously reported by TrendForce, Ap...

2023-12-01

[News] Global Semiconductor Giants Eyeing India, Anticipating Three New Fabs Valued at USD 8-12 Billion

India could see at least three more semiconductor fabrication units coming up in the next few months with cumulative investments to the tune of USD 8-12 billion, Union Minister for Electronics and Information Technology Ashwini Vaishnaw said on Tuesday. India is working hard to get big semiconduc...

2023-11-28

[News] Foxconn Invests Over USD 1.5 Billion in Expansive Production in India, Creating a New Hub for iPhone Manufacturing

Foxconn has announced plans to invest over USD 1.5 billion in expanding its facilities in India. This substantial investment, a rarity in recent years, has sparked speculation that Foxconn is preparing for the introduction of new iPhone products in India. Due to reports suggesting that in the sec...

2023-11-21

[News] Luxshare Reportedly Abandons Plans for Indian Manufacturing, Shifts Focus to Vietnam

Luxshare, a crucial player in the Chinese Apple supply chain, is facing challenges in its Indian expansion plans due to the strained relations between China and India. Several Indian media outlets reported that Luxshare has revised its initial investment plan of $330 million, opting to forgo establi...

2023-11-13

[News] Tesla’s Indian Factory in the Works: Reports Suggest India Mulls Slashing Import Duties to Attract Tesla’s Facility

According to IJIWEI News, two Indian government officials have revealed that India is considering Tesla's request to reduce import duties on electric vehicles as an enticement for the company to establish a factory in the country. Tesla has reportedly indicated that establishing a facility in Ind...

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