Taiwan-based, iPhone maker Foxconn is planning to begin manufacturing mobile phones from its second India factory near Mumbai from next month.
The company has taken a rented 2 lakh square feet premise in Navi Mumbai.
The rented premise is a temporary facility and the company is looking at 1,200 acres of land in Maharashtra for a new multi-billion dollar factory.
Foxconn had recently announced plans to make India a key global manufacturing hub for servicing markets across Africa and West Asia.
Foxconn had last year started assembling smartphones for Chinese firm Xiaomi at its facility in Sri City, an industrial park in Chittoor district of Andhra Pradesh.
Foxconn currently manufactures in Chinese factories. Plans to set up manufacturing units in India, the nation with second-highest number of mobile phone accounts behind China, are seen as move to mitigate rising labour costs in China and lower manufacturing cost of iPhones.
The Taiwan-based firm, which manufactures for a host of global device brands like Apple, BlackBerry, Amazon, Motorola, Xiaomi and Sony, has the bulk of its factories in China.
