Pegatron News
Apple's three Taiwanese suppliers - Foxconn, Pegatron and Wistron - have enhanced iPhone assembly in India.
Pegatron has now started assembly of iPhone 14 in India
Foxconn's China Plant remains iPhone 14's major producer
The firms are required to manufacture smartphones worth Rs 8,000 crore each to get PLI benefits.
The companies are likely to export 60 per cent of the production of iPhones in the country.
Apple is expected to manufacture iPhones worth $6 billion (Rs 47,000 crore) in India.
If Foxconn and Wistron successfully meet their hiring plans pledged in their PLI application, they will each be adding 23,000 people to their Indian operations by the end of March 2022.
The number of Apple’s suppliers operating in India increased to nine in 2020, up from six in 2018.
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