New post Thank you for 2021. Expecting a bigger you in 2022 Read More

Big StoryMobileNews

Apple to start Producing IPhone in India.

1 Mins read

The giant company will start manufacturing the iPhone 11 in India in collaboration with Foxconn. The move allows it to circumvent the 20 percent import duty imposed by India on smartphones. The step will allow the company wave the 20 percent import duty imposed by the country on smartphones.

It was reported and confirmed on Twitter by India’s Commerce and Industry Minister, Piyush Goyal, and follows an earlier announcement that Apple had partnered with Foxconn to manufacture the iPhone XR in India. Meanwhile, Wistron manufactures the iPhone 7 in the country, as part of a low-cost offering. The locally manufactured iPhone 11s are already available in stores.

The local production of current iPhone 11 models illustrates Apple’s further commitment to India, the world’s second largest smartphone market, as it explores ways to cut its reliance on China, which produces most of iPhone models today. Foxconn, which counts India as one of its biggest markets, is planning to invest $1 billion in its operations in the country, Reuters reported earlier this month. Earlier this year, New Delhi announced a $6.6 billion plan to attract top smartphone manufacturers.
Apple hasn’t been really affected by the pandemic too.

Related posts
News

Interswitch raises $110 million to expand its digital payment services

2 Mins read
Interswitch, an African fintech company has raised $110 million joint investment to push its digital payment services across Africa. The company said…
Big StoryNewsNow you knowRandom

Flow A Leading Tech-Based Company Raises $725 million Ecosystem Fund For Web3 Innovation

1 Mins read
Web3 the future of the internet is making new strides in its developmental processes, putting companies, individuals and even the big tech…
Big StoryNewsRandomTechpreneur

AFS Opens 2022 Scholarship Applications For Interested And Qualified Girls Worldwide

2 Mins read
Gender imbalance manifests itself virtually in all of our everyday engagements, with predominance in some areas and fields supposedly said to be…
Get powered up with Techpadi Newsletter

Be the first to know what's happening in the African tech space

Leave a Reply