Apple’s new long-term India strategy is a bid to win local consumers (AAPL)

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Apple’s largest iPhone manufacturer, Foxconn, confirmed that it will begin mass production of high-end iPhones in India this year, according to Foxconn Technology Group Chairman Terry Gou, per Bloomberg.

Currently, Foxconn mainly produces iPhones for Apple in China, but the company will initially invest $300 million

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