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iPhone supplier Rayprus set to establish new factory in Bengaluru
Last Updated : 03/16/2024 14:05:14

Rayprus Technologies, a company that supplies parts to Apple, wants to start making its products in India. Following in the footsteps of other companies like Corning

iPhone supplier Rayprus set to establish new factory in Bengaluru
Rayprus Technologies, a company that supplies parts to Apple, wants to start making its products in India. Following in the footsteps of other companies like Corning, which announced plans to make glass in Tamil Nadu, Rayprus is now considering Bengaluru for its new factory. The company, known for making high-quality camera parts, is talking with Foxconn, a big company, to set up its factory in Bengaluru.

Helping Apple Grow :

Rayprus joining the manufacturing scene in India is another step forward for Apple's plans in the country. It shows that more and more companies that make parts for Apple are coming to India. This is good for Apple because it means more of the pieces needed to make Apple products are being made in India.

Big Plans for Manufacturing :

A few months ago, people heard that Apple was talking to companies like Rayprus about making more things in India. Foxconn, a big company that makes a lot of things, is spending lots of money to build a big factory in Bengaluru. This factory will be able to make 20 million smartphones every year. It's going to be one of the biggest phone factories in India.

Working Together :

Even though Rayprus and Foxconn are talking about working together, they haven't said much about how big the factory will be or how much money they're going to spend. Both companies haven't answered questions about their plans yet. Rayprus already has factories in China, Taiwan, and Mexico. They want to start making things in India too.

Following a Good Example :

Rayprus wants to set up its factory close to Foxconn's big campus in Bengaluru. This is a smart move because it's like how Nokia used to do things. Nokia, a big phone company, had lots of other companies working near its factories. This helped them make phones faster and better.

Changing How Things Are Made :

Rayprus' plans show that manufacturing in India is changing. More companies are working together to make things. With big companies like Foxconn and Rayprus setting up in India, it shows that India is becoming a better place for making high-tech things like phones.

Note : This news is only for students, for the purpose of enhancing their knowledge. This news is collected from several companies, the copyrights of this news also belong to those companies like : BBC, CNN, Times of India, Reuters, The Verge, Indian Express, Tech Crunch, News18, Mint, Hindustan Times, Business Today, Techgig etc,.
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