CIOTechOutlook Team | Friday, 30 September 2022, 12:28 IST
To increase Apple's capacity for iPhone production in India, which is currently dominated by Foxconn and Wistron, another Taiwanese electronics manufacturer, Pegatron, has opened an iPhone manufacturing site outside of Chennai.
Tamil Nadu chief minister MK Stalin and Minister of State for Electronics and Information Technology Rajeev Chandrasekhar inaugurated the factory located inside the Mahindra World City near Chennai. According to a state government press release Rs 1,100 crore of investment has gone into the Pegatron facility.
Recently, Apple said Foxconn's Chennai facility will begin making the latest release from the iPhone line-up, the iPhone 14, bridging the gap with its largest manufacturing base China. On a larger scale, Taiwanese manufacturers are diversifying rapidly to other Asian destinations amid stringent anti-Covid-19 policies in China, and the ripple effect of Taiwan's geopolitical tensions with China.
In a press note, the Centre had said Tamil Nadu has received large investments from Foxconn, Dell, Ascent Circuits, and Bharat FIH (the India-focussed Foxconn entity making phones like Xiaomi), under the Production Linked Incentive scheme to ramp up capacities.
Pegatron is the latest entrant from Taiwanese, after Foxconn and Wistron, to make iPhones in India. It incorporated its India corporate entity in July 2020. In its 2021 annual report, Pegatron said India plays an important role in its global production capacity deployment strategy. " Meanwhile, Pegatron has been actively finetuning its global deployment production capacity in recent years, and continues to build and expand new production bases in Vietnam, India, and North America. The Company will continue to adjust production capacity relocation according to market and customer demand to improve overall production efficiency," the company said.
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