• Foxconn has announced a $1.5 billion investment to expand its iPhone manufacturing operations in Tamil Nadu, India.

• This move strengthens Apple’s supply chain diversification strategy and reduces dependence on China.

• The investment is expected to boost local production capacity and generate thousands of jobs under India's "Make in India" initiative.

Apple's worldwide manufacturing transition is gaining up momentum as Foxconn, its main contract manufacturer, revealed a major investment about $1.5 billion its Indian facilities. This move strengthens India’s emerging role as a crucial center in Apple’s supply network, further diminishing the tech giant’s dependence on China. 

Hon Hai Precision Industry Co., also referred to as Foxconn, declared the investment through a regulatory submission from its subsidiary located in Singapore. These funds will be allocated for elevating manufacturing capabilities in southern India, especially in Tamil Nadu, where Foxconn currently runs important production facilities for assembling iPhones. 

The investment highlights Apple's resuming approach to diversify its manufacturing presence in response to increasing geopolitical tensions.  Global supply chain challenges, and the necessity for operational resilience. For India, it represents a remarkable achievement in the nation's drive to establish itself as a global leader in electronics manufacturing through the "Make in India" initiative. 

Foxconn's growing presence is anticipated to create thousands of new jobs and greatly improve local production capability. The Taiwanese manufacturing powerhouse has been producing different iPhone models in India, and this new capital injection is expected to enhance both the quantity and complexity of manufacturing. 

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