Taiwanese manufacturing giant, Foxconn plans to double investment and employment in India by 2024.

This expansion could provide a robust growth in Apple's manufacturing and supply chain, particularly for products like the iPhone.

Foxconn started producing the iPhone 14 in India in 2022, marking the first time the country has assembled Apple's latest model.

Foxconn plans to bring its total workforce in India to around 70,000 at its Tamil Nadu plant.

CEO & chairman Young Liu visited Bengaluru in March 2023 as Foxconn invested $600 million on two projects in Karnataka.

Foxconn is optimistic about India's potential as a manufacturing hub, especially in the electronics sector.