Apple making iPhone XR in India, Salcomp to invest Rs 2,000 Cr in 5 years: ...
(WorldNews India)

Apple is now making its iPhone XR in India for domestic market and exports, while one of its suppliers, Salcomp, will invest Rs 2,000 crore over the next five years to make components at a plant in southern India from March 2020, IT Minister Ravi Shankar Prasad said on Monday. Prasad said Salcomp, the world's largest manufacturer and a major supplier of chargers to Apple for iPhone, has reached an agreement to take over the closed facility of Nokia in a special economic zone (SEZ) near Chennai. The facility, which has been closed for nearly 10 years, will be revived and made operational from March 2020. The unit will produce chargers and other equipments, and will boast of a diversified...