Foxconn’s $1.5B Investment to Bolster Apple’s Indian Manufacturing Amid China Tariff Concerns

Foxconn plans to invest $1.5 billion in Apple’s Indian operations, according to a filing with the London Stock Exchange. The MOVE underscores Apple’s strategy to diversify its iPhone manufacturing footprint beyond China, where tariff tensions with the U.S. remain unresolved. Foxconn’s Singapore-based subsidiary will acquire 12.77 billion shares in Yuzhan Technology India to facilitate the expansion.

Apple has already scaled up production in India, exporting roughly 600 tons of iPhones worth $2 billion to the U.S. in March alone. India’s stable political climate and vast market make it an attractive alternative for companies seeking to reduce reliance on Chinese exports. The investment signals a long-term commitment to shifting supply chains away from geopolitical flashpoints.