In a major development, Apple's main manufacturing partner Foxconn has announced a $1.5 billion investment in its Indian subsidiary, Yuzhan Technology India. This investment will support the subsidiary's operations in Tamil Nadu and highlights Apple's strategy to diversify its manufacturing base beyond China.

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Apple's Strategy 

This substantial investment aligns with Apple's broader strategy to mitigate risks associated with over-reliance on Chinese manufacturing. By expanding operations in India, Apple aims to create a more resilient supply chain, especially in light of recent geopolitical tensions and trade uncertainties. The move also reflects India's emergence as a vital hub for electronics manufacturing, offering a combination of skilled labour, favourable policies, and a growing domestic market. While this investment marks a significant milestone, it's part of a larger trend of global tech companies reevaluating their manufacturing strategies.