NEW DELHI: As Apple mulls to manufacturing the new iPhone 16 in India, the technology giant along with three associated entities has applied for land to Yamuna Authority.

The entities have proposed to set up a unit on about 23 acres of land with an investment of Rs 2,800 crore.
In a meeting held in Korea, Apple along with the sllirf entities proposed the investment.

Seiko Advance Limited, an ink-producing company expressed its willingness to make its product on 5 acres of land in Sector 29 of Yamuna Expressway Industrial Development Authority (YEIDA). The company will invest Rs 850 crore and provide employment to 1000s of people.

The supply of the iPhone 14 Pro has been heavily impacted due to disruptions at Foxconn’s primary plant in China because of Covid-19 curbs. “We are working closely with our supplier to return to normal production levels while ensuring the health and safety of every worker,” Apple had said in November. This implies that interested buyers will have a tough time getting their hands on the iPhone 14 Pro, which is already available in short supplies at the moment.

Apple supplier Foxconn invests USD 500 mn in India affiliate

Amid China's problems, Apple supplier Foxconn increases its investment in India