Foxconn to invest $500 million in Telangana, likely to manufacture Apple AirPods

Apple Inc supplier Foxconn will invest $500 million to set up manufacturing plants in the southern Indian state of Telangana, the state’s IT minister said on Monday. Also Read: Apple iPad Pro Launched In India With New M5 Chip, Ultra Retina XDR Display: Price, Specs

The investment will create 25,000 jobs in the first phase, K. T. Rama Rao said in a tweet. Also Read: Apple Launches 14-inch MacBook Pro With M5 Chip And Up To 24-Hour Battery Life: Check Price And Availability

Reuters in March reported that Foxconn had won an order to make AirPods for Apple and planned to build a factory in India to manufacture the products. Also Read: iPhone 13 vs iPhone 14 vs iPhone 15: Best Deal To Grab This Diwali Under Rs 50000

Apple has been shifting production away from China, where prior COVID restrictions disrupted the manufacturing of new iPhones and other devices. The tech company is also looking to avoid a hit to its business due to tensions between Beijing and Washington.

Demonstrating the “Telangana Speed”, I am happy to announce the groundbreaking of first of Foxconn’s plants in Telangana at Kongar Kalaan today

With an investment of over $500M it shall create 25,000 direct jobs in first Phase #Telangana #Foxconn pic.twitter.com/PHThJWxsfT

— KTR (@KTRBRS) May 15, 2023

Foxconn in late March received approval from the Karnataka government for a $968 million investment in the state.

— Reuters