iPhone assembler Foxconn invests â¹1,500 crore in Indian unit
Apple's biggest iPhone assembler Foxconn said it injected up to $213.5 million (over â¹1,500 crore) into its Indian unit between September and January for "long-term investment". The Taiwanese firm doesn't make any iPhones in India, though it manufactures Xiaomi's handsets in the country. Apple currently assembles the lower-cost SE and 6S models in India through Wistron's local unit in Bengaluru.  