Reuters reported that the three major manufacturers in Apple’s supply chain, Hon Hai, Wistron, and Pegatron, plan to invest in India’s Production Incentive Program (PLI) and invest nearly US$900 million (about NT$26.2 billion) in India in the next five years. Yuan) in order to expand the capacity of iPhone in India.

Reuters quoted people familiar with the matter as reporting that Foxconn, a subsidiary of the Hon Hai Group, has applied for an investment of about 40 billion rupees ($542 million), while Wistron and Pegatron have pledged to invest nearly 13 billion rupees and 12 billion rupees respectively in accordance with the PLI plan.

It is still unclear whether the purpose of the above investment is to promote the production of Apple equipment in India, but informed and industry insiders have said that most of the investment will focus on expanding the production capacity of the Indian iPhone.

In order to attract investment from domestic and foreign technology companies to build India into a global smart phone production center, the Indian government announced in June this year that it would offer an incentive measure of approximately US$6.65 billion. The plan took effect in August and will last for five years.

In response to related reports, Foxconn stated that based on policy considerations, the company does not comment on specific operations or customer work. As for Apple, Wistron, Pegatron, and the Ministry of Electronics and Information Technology of India, none of them responded to requests for comment.