A major fire at Tata Group's iPhone component plant in Tamil Nadu has halted production indefinitely, threatening Apple's supply chain ahead of the festive sales season. The plant, Tata's only Indian supplier of iPhone back panels, may force Apple to source critical parts from China or other regions
The PLI scheme has significantly boosted Apple's iPhone exports from India, which has reached USD 5 bn in the first 5 months of the current fiscal year. This marks a substantial 50 per cent rise increase compared to last year's period.
Foxconn's chairman defended the company's hiring practices after New Delhi ordered an investigation into a report alleging that Apple supplier rejects married women for iPhone assembly jobs. Meanwhile, Foxconn is focusing on establishing a battery energy storage system unit in India.
In a statement calling for the probe, the Ministry of Labour and Employment cited the Equal Remuneration Act of 1976, saying the law "clearly stipulates that no discrimination (is) to be made while recruiting men and women workers."
Foxconn, a leading electronics manufacturer and technology solutions provider in the world, has rapidly expanded its presence in India to diversify production from China. Foxconn is in the process of setting up an outsourced semiconductor assembly in India.
The facility is expected to feature around 20 assembly lines where the company could employ around 50,000 workers within 2 years. The new site is expected to be operational within 12 to 18 months.
Foxconn continues to expand its presence in India, this development could have a considerable impact on Apple's manufacturing and supply chain capabilities, particularly for products like the iPhone.
Gou criticized the governing Democratic Progressive Party, saying its policies have “brought Taiwan into the risk of war” with China, which claims the self-ruled island democracy as part of its territory.
On his Twitter handle, Chief Minister M K Stalin said the LoI was signed, in his presence, between the state government and Foxconn Group represented by its chairman Young Liu.
In the last three years, 3 major and medium industries have come up in the Doddaballapura taluk.
Foxconn, the technology giant and contract electronics manufacturing firm has withdrawn from semiconductor joint-venture project with Vedanta, PTI has reported.
Foxconn has been producing Apple handsets at its facility in the southern state of Tamil Nadu, as part of its operations in India. In addition to Foxconn, two other Taiwanese suppliers, Wistron and Pegatron, are also involved in the manufacturing and assembly of Apple devices in India.
Foxconn intends to invest more than $200 million in the construction of a new AirPod manufacturing facility in the southern Indian state of Telangana. But, the total cost of the AirPod order has yet to be revealed.
Apple's plan to shift its iPhone plant from China to India and invest in a new iPhone plant in Karnataka is set to create 100,000 jobs. The new factory is expected to manufacture iPhone parts and possibly assemble Apple's handsets.
Vedanta and Foxconn in September 2022 signed a Memorandum of Understanding (MoU) with the Gujarat government to invest Rs 1,54,000 crore in the state.
Around 121 (17.7 per cent) of Apple's 2022 suppliers were domiciled in China, making the country the second largest global source of Apple's supply chain after the US. India is in the eighth spot, with two companies (0.3 per cent) and 278 out of 12,248 global facilities (2.3 per cent).
Protests in China: A worker claimed that the clashes broke out after employees who signed an agreement with the factory to work at least 30 days in return for a one-time payment of 3,000 yuan (USD 420) suddenly saw the figure reduced to just 30 yuan.
A fresh war of words has broken out between the ruling Eknath Shinde dispensation and Shiv Sena (Uddhav Balasaheb Thackeray)-led opposition over the Rs 22,000 crore project to manufacture C-295 military transport aircraft moving from Maharashtra to Vadodara in Gujarat.
Employees started leaving the Foxconn factory in Zhengzhou after some fell ill in mid-October and received no treatment, according to an employee who asked not to be identified by name.
Vedanta-Foxconn plant: Addressing a press conference here, Thackeray rued the political situation in the state over the last few years and said it was tough to understand or guess who would ally with whom to form a government.
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