Foxconn’s $1.5 Billion Power Play: Tamil Nadu Emerges as Apple’s iPhone Superhub
Foxconn’s Singapore-based subsidiary has injected a whopping $1.5 billion (approx. ₹12,500 crore) into its Indian arm, Yuzhan Technology India, marking one of the largest single foreign investments in the country’s electronics sector.
Yuzhan Technology India, located in Tamil Nadu, is a key manufacturer of electronic components and a vital assembly hub for Apple’s iPhones, cementing the state’s reputation as India’s “iPhone capital.”
The investment comes as Apple accelerates its strategy to diversify production outside China, with Foxconn driving the shift by ramping up Indian output to meet global demand.
Foxconn’s India revenue has more than doubled to over $20 billion in FY25, fueled by surging iPhone production and exports.
The move aligns with Apple CEO Tim Cook’s recent announcement that a majority of iPhones sold in the US during the June quarter will be sourced from India, signaling a major shift in the global supply chain.
Government sources estimate that India now accounts for 15% of Apple’s global iPhone output, with ambitions to produce 60 million units domestically this fiscal year.
The capital infusion also strengthens India’s ambitions to become a global electronics manufacturing powerhouse, as the country pushes ahead with new semiconductor and component projects.
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