Foxconn to set up unit in Gujarat for Apple products manufacturing: report

Ahmedabad: According to moneycontrol report, Foxconn, the largest contract manufacturer for Apple Inc., is set to open a manufacturing unit in Gujarat as its first such initiative in India. An announcement on the same is likely to come during the Vibrant Gujarat Global Summit 2017 scheduled to take place in Gandhinagar between January 10-13. The news comes almost a year after reports claimed that Foxconn might come to India, facilitating production of Apple products like iPhone in the country. It was earlier reported that the Taiwanese electronic manufacturing company will set up a plant for Apple products on a 1,200-acre land in Maharashtra. Apple, the world’s most valuable company, is planning to replicate its Chinese manufacturing model, which has been a success, in India to grab a large piece of the pie in the smartphone section.The second manufacturing store is expected to come up in Gurugram, Haryana.