With the ongoing development in the Foxconn factory unit in China, Apple has submitted a land request to Yamuna Authority along with three affiliated business partners in anticipation of starting iPhone 16 manufacturing in India.
The tech giant has suggested investing Rs 2,800 crore to build a plant on roughly 23 acres of land.
Apple and the allied companies recommended the investment at a meeting held in Korea.
If everything goes in the right direction, Apple and partner companies would be given land in Sector 29 of YEIDA, which is highly developed and has a lot of readily available services, according to YEIDA CEO Dr. Arun Vir Singh.
Earlier this month, major unrest in China due to surging Covid-19 cases halted the iPhone 14 and 14 Pro production.