Foxconn Chairman Young Liu Announces $10 Bn Investment in India

- Apple Inc is set to commence production of its high-end iPhone 16 Pro and Pro Max models in India, a year after introducing India-made iPhone 15 models. - The production in India is expected to bring down costs for the smartphone manufacturer by 10 per cent, but retail prices may remain the same due to taxes and component costs. - This marks the first time premium iPhone 16 Pro and Pro Max devices will be assembled outside China, as part of Apple's attempt to reduce reliance on its traditional manufacturing hub amid geopolitical tensions. - Foxconn, one of Apple’s primary manufacturing partners, is gearing up to produce the iPhone 16 Pro and Pro Max at its facility in Tamil Nadu, with other partners like Pegatron and the Tata Group also involved. - Despite local assembly, the majority of the iPhone 16 Pro and Pro Max units produced in India will be exported to markets such as Europe, the West Asia, and the United States. Source: [Business Standard](https://www.business-standard.com/companies/news/foxconn-begins-iphone-16-pro-pro-max-production-in-india-costs-fall-10-124082100188_1.html)

https://inc42.com/buzz/apple-to-employ-5-lakh-people-in-3-years-in-india/

Earlier someone was very skeptical about Bharat growing at 7+ %. Here you go.......live long enough to witness the journey Like I said (1.07)^50 = 29.45 times current GDP

Why is India so dependant on chinese goods, what are some goods that we import the most🤔 Is there anyone here building in india in substitute of chinese imported goods

I geniually want to understand why we are behind in manufacturing ? Although I'm from commerce background but I would love to know how does one start manufacturing business in India ? What type of engineers you need ? Honestly I don't have any clue but if any has some information pls discuss here.

Hey there Does anyone have an idea about work culture at fox India I have been seeing mixed reviews mainly older ones how is the current work environment. Can someone share some thoughts

Open to differing views

Does anyone else feels that whichever company gets the certification of "great place to work" actually turns out to be a shitty toxic place? The irony of this!! The places which didn't bother about such certifications were so much better in their policies and employee first culture. No fucks given to any external validation.. just casually going about their business and letting the employees become their ambassador for postive word of mouth.

Basically title, globally what would be the share of Indians working in the BigTech's/MNCs' engg teams..? In MSFT I feel like I see atleast one or more Indians in every team I come across... May be it's some bias that I only remember the teams with Indians but still feels like indians form the major part of the global tech work force.. have you felt the same..?