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

Foxconn's $500 million investment will create 25,000 jobs in the first phase, K. T. Rama Rao said in a tweet.

Published By: Shweta Ganjoo | Published: May 15, 2023, 02:54 PM (IST)

Highlights

  • Foxconn will invest $500 million in Telangana.
  • Foxconn will set up a manufacturing plant in Kongar Kalaan.
  • Foxconn is likely to manufacture Apple AirPods there.

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’s foldable iPhone to go on sale with iPhone 18 pro lineup: Limited stock expected

The investment will create 25,000 jobs in the first phase, K. T. Rama Rao said in a tweet. Also Read: Apple AI smart glasses 2026 leak: Everything revealed about designs camera and features before launch

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: Vijay Apple days sale 2026: iPhone 17 series, iPhone 16 series and iPhone 15 get big price cuts

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.

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

-- Reuters

Get latest Tech and Auto news from Techlusive on our WhatsApp Channel, Facebook, X (Twitter), Instagram and YouTube.