Foxconn India unit invests $32 million in equipment for Apple manufacturing

Taiwanese manufacturing giant Foxconn has procured machinery worth $32 million (about ₹276 crore) for manufacturing Apple products in India. The purchase comes months after China allegedly delayed shipments of specialised equipment and restricted new work rotations for Chinese employees at its Indian factories.

In a regulatory filing, Foxconn said, its subsidiary, Foxconn Hon Hai Technology India Mega Development, acquired machinery and equipment worth $32.26 million for “Apple Operations.”