Foxconn to start production of iPhone in India a couple of years
According to the publication The Economic Times, Apple is discussing the possibility with Foxconn to start production of iPhone in India within the next two to three years.
This will allow Apple to permit opening of stores as per local legislation, a part of the products of any foreign store must be carried out in the country.
We will remind, in may, we reported that Foxconn is close to signing an agreement with the government of India for the construction of a new factory that will start producing smartphones iPhone. Building a factory will cost the company 10 billion dollars, it will cover an area of about 5 km2 and will be located in the state of Maharashtra.
Information that Apple is actively discussing this point with Foxconn, reported from two independent sources familiar with the situation. It is expected that the production of iPhine in India will also allow the company to reduce the prices of their devices in the country due to the lack of import duties.