Over the past couple of years, Foxconn has heavily invested in India, aligning with Apple's capacity relocation strategy. Factories have been established to accommodate the transferred production capacity from Apple.

According to Foxconn's statements, it has invested over $10 billion (approximately RMB 71.673 billion) in India, generating nearly 50,000 local jobs, with plans for further significant investments in the future.

Media reports suggest that currently, iPhones produced in India account for about 15-20% of global production.

Apple aims to increase this share to 40-50% in the future, making "Made in India" a significant label for the company.

Consequently, Foxconn has been ramping up its investments in India, aiming to secure more Apple orders. This has even led to the deployment of senior executives and workers to meet India's manufacturing demands.

However, recent developments indicate that Foxconn's expansion in India has hit roadblocks. Reports suggest that the company has halted the dispatch of workers and equipment from China to its iPhone factory in India, and Chinese workers already in India have been recalled.

Specialized manufacturing equipment originally intended for India is no longer being shipped, and India's ambitious iPhone manufacturing expansion plan has been temporarily put on hold, pending further developments.

This situation arises from several factors.

Firstly, India's business environment poses challenges, particularly as the country has been exploiting Chinese enterprises, making supply chains hesitant to enter. Without a robust local supply chain, costs soar, which Foxconn cannot sustain.

Secondly, the global sales of Apple's iPhone 16 series have been disappointing, particularly in the Chinese market, where sales have significantly declined. This has led to fewer-than-expected orders, impacting Foxconn's order volume as well.

Thirdly, Indian workers are known for their aversion to hard work and overtime, which is detrimental to large-scale manufacturing industries like Apple and Foxconn. Coupled with substandard environmental and hygiene conditions in India, production yields are not high.

As a result, Foxconn's expansion in India is encountering increasing difficulties. As an alternative, the company has increased the production and export of iPhone semi-finished products from its Chinese factories. Essentially, most of the assembly work is done in China, with only the final assembly taking place in India. On paper, it may say "assembled in India," but in reality, it is still "made in China."