Foxconn Is Going To Invest $1 billion in India To Excalate iPhone Production

Foxconn is Wrapping Up the Production Lineup In India and planning to Expand the Existing Factory with another $1 Billion or ₹ 75,19,55,00,000 or € 88,53,47,700. This Plant Upgrade will Take at Sriperumbudur in the State of Tamilnadu, India. If This Plant Construction was Completed The there will New 6000 Job Opportunitys available for the people in the State of Tamilnadu.

Apple is concentrating in Made In India Because of the US – China Trade War in which Apple is Loosing Billion Dollars per year. This Factory Foxconn is Going to Assemble iPhone XR, iPhone SE 2nd Gen & iPhone 11 to Cut the Cost and Make these Smartphones available in Lower Price in India to Gain Respectable Market Share in India.

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