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Apple supplier, Foxlink of Taiwan, is setting up a new factory in Oragadam, close to Chennai. This move comes as part of a fresh expansion plan following a destructive fire at their facility in Tirupati, Andhra Pradesh, last year.
Yuzhan Technology, part of Taiwans Foxconn Group, leases 550,000 sq. ft. of warehousing space at ESR Industrial Park in Chennai for Apple iPhone exports. The facility supports Foxconn s scaling operations due to growing demand for Apple products manufactured in India, optimizing supply chain logistics for expanding export activity.
Apple IPhones: The investment underscores Foxconn’s commitment to scaling its operations in response to growing demand for Apple products manufactured in India.