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The government of Karnataka said that Foxconn will beginning making iPhones in the state in 2024. Xiaomi will expand local sourcing for its smartphones and wearable devices to regain its leadership in India.
Tata is reportedly looking to expand its electronics manufacturing investments. Tesla is interested in making EVs in India but has not made any firm commitment.
Tesla reportedly refrains from making a firm commitment to establish a manufacturing facility in India
Global manufacturers such as Foxconn, Cisco, and Hyundai are expanding their manufacturing capabilities in India. India's local opto-semiconductor maker introduced sapphire substrates to meet local LED demand.
India has seen its number of industrial robots installed rise by over 50% during Indian PM Narendra Modi's "Make in India" campaign, while Apple is relatively resilient in India's declining smartphone shipments.