Foxconn, Apple's first maker, plans to invest $1.5 billion in India, in a new move by the Taiwanese company to expand into the South Asian market. The company said its new investment plan was helping to meet a number of "operational needs".

The move comes two months after the company announced that it is seeking to double its investments and human labor in the Indian market, according to "Reuters", which helps it diversify its product manufacturing centers, to reduce its direct dependence on China. Although Foxconn's investments in the Chinese market have risen steadily over 15 years, from 2001 to 2017, they have been declining since 2018, as a result of the intensifying US-China trade conflict. The company pledged to continue to invest in the Indian market, stressing the importance of exploiting the Indian government's "Made in India" initiative to achieve great diversification in its relations in the local market.

In August, the company announced $60 million in investments in two projects in southern Karnataka, India, serving chip machines and iPhone body components. This year, the iPhone 15 began manufacturing in India at the same time as it began manufacturing in China for the first time, and manufacturing in China has always been a priority before. Apple announced in 2022 the expansion of its dependence on India to manufacture "iPhone" phones, in conjunction with the launch of "iPhone 14" phones, in confirmation that the American giant sees India as a distinctive manufacturing center that can be relied upon, and reduced its dependence on Beijing.