Foxconn set to open its first iPhone assembly plant in Bengaluru in April

Foxconn is set to open its first iPhone assembly plant in Bengaluru in April next year. According to a report in The Economic Times (ET), the key Apple supplier is creating a capacity to assemble 20 million smartphones annually at the plant.

The assembly unit will be set up at the 300-acre campus at the IT investment region (ITIR) near the Kempegowda International Airport in Bengaluru. A source said that the work on the assembly unit is progressing and right on schedule.

In March this year, the government had cleared the proposal of the Taiwanese technology group to invest $1 billion to set up the iPhone factory. However, the company later increased the investment by an additional $1.7 billion.