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Apple in talks with Foxconn to manufacture iPhones in India

Ahead of the launch of iPhone 7, there’s another good news for iPhone lovers. According to a report by Economic Times, the tech giant has approached Foxconn to explore making of iPhones in India.

Tim Cook was asked by Indian Prime Minister Narendra Modi to manufacture iPhones in India, as a part of ‘Make in India’ campaign. There wasn’t much curiosity showed by the CEO of Apple until recently.

This step will help to decrease the prices of iPhones, as manufacturing phones will help to evade import duties which has made the ‘already expensive phone more expensive’. Decrease in prices of iPhones will attract more customers of the second largest smartphone market in the world.

This Manufacturing unit will also help to open up an Apple Store in India, as according to the policy, a store of a company can only be opened in India if a fraction of the company’s goods are manufactured in here.