Apple Inc. associate Foxconn Technology Group plans to speculate about $700 million on a brand new plant in India to ramp up native manufacturing, folks accustomed to the matter mentioned, underscoring an accelerating shift of producing away from China as Washington-Beijing tensions develop.  

The Taiwanese firm, additionally identified for its flagship unit Hon Hai Precision Industry Co., plans to construct the plant to make iPhone components on a 300-acre website near the airport in Bengaluru, the capital of the southern Indian state of Karnataka, based on the folks, who requested to not be named as the data will not be public. The manufacturing facility might also assemble Apple’s handsets, a few of the folks mentioned, and Foxconn might also use the positioning to provide some components for its nascent electrical automobile enterprise.