<story><title>Foxconn Expands Operations in India, Vietnam Amid Trade Tensions</title><url>https://www.bloombergquint.com/business/hon-hai-expands-operations-in-india-vietnam-amid-trade-tensions#gs.pXdcbNaX</url></story><parent_chain></parent_chain><comment><author>potatofarmer45</author><text>It&amp;#x27;s true at this current time, China is the best ecosystem to manufacture electronics. Moving anywhere will incur a higher cost but this higher cost is temporary.&lt;p&gt;This is econ 101. Moving now is pricier in the short run, but the investment, particularly in India, means that there will be a new ecosystem being built that will eventually provide the same costs and availability as manufactured in China without  having to deal with the forced tech transfers, censorship, nationalistic boycotts, and a country that is increasingly hostile to democratic values and international norms.</text></comment>
<story><title>Foxconn Expands Operations in India, Vietnam Amid Trade Tensions</title><url>https://www.bloombergquint.com/business/hon-hai-expands-operations-in-india-vietnam-amid-trade-tensions#gs.pXdcbNaX</url></story><parent_chain></parent_chain><comment><author>thisisit</author><text>The investment in Indian unit has been long time coming. India has a strict policy on imported phones. Xiaomi, which is nearly the market leader in India has been doing it for a long time:&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.indiatoday.in&amp;#x2F;technology&amp;#x2F;news&amp;#x2F;story&amp;#x2F;xiaomi-now-has-6-smartphone-manufacturing-plants-in-india-will-also-make-pcbas-locally-1207974-2018-04-09&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.indiatoday.in&amp;#x2F;technology&amp;#x2F;news&amp;#x2F;story&amp;#x2F;xiaomi-now-h...&lt;/a&gt;&lt;p&gt;Apple had lobbied hard against these rules but given that &amp;quot;Made in India&amp;quot; platform had be one of the bedrock policies of Prime Minister Modi, this was going to be an uphill battle.&lt;p&gt;That said, I might be pessimistic but I don&amp;#x27;t see this changing Apple&amp;#x27;s fortunes in India.</text></comment>