Foxconn has invested $1.5 billion (about ₹12,500 crore) in India to expand beyond China. The money came through its Singapore unit, which bought ₹12.7 billion worth of shares in India through its Indian arm, Yuzhan Technology. Yuzhan makes smartphone parts in Tamil Nadu and helps Apple manufacture iPhones. With this, it now has six semiconductor projects under development in India.

Foxconn is also partnering with HCL Group to build a chip factory near Noida airport. The ₹3,700 crore plant will make display driver chips for phones, laptops, cars and more. It will process 20,000 wafers and produce 36 million chips every month.

India is growing its chip industry with the support of the government and schools. Over 270 colleges and 70 startups are designing innovative chips. Twenty chips designed by students have already been completed at SCL Mohali.

In addition, global tech companies like Applied Materials and Lam Research have set up operations in India. Other suppliers like Merck, Linde and Air Liquide are also expanding here.

Meanwhile, Foxconn is building a 300-acre iPhone factory in Devanahalli, Karnataka. It is located near the Bengaluru airport, which will help Apple shift production from China to India. Despite recent remarks by US President Donald Trump against Apple manufacturing in India, Apple is continuing with its plans in India.

Foxconn is investing over ₹21,000 crore in the Devanahalli factory. Dormitories for workers are also being built. The factory aims to produce 100,000 iPhones by December 2025.