The e-commerce giant made the announcement via an official blog post. As per the post, the e-commerce giant will start manufacturing the devices “later this year” in partnership with contract manufacturer Cloud Network Technology, which is a subsidiary of Foxconn, located in Southern India.
— Ravi Shankar Prasad (@rsprasad) February 16, 2021 Now, it is true that India has gained a lot of manufacturing units of various global giants like Samsung and Apple in recent times. Moreover, the country announced a Rs 50,000 crore plan to boost electronics manufacturing in the country. So, apart from the above companies, more tech companies like HMD Global are planning big investments in India to aid the success of the “Make in India” initiative.
