Apple wants to make India iPhone export hub, charmed by Modi’s scheme for mobile phone companies. Apple's global contract manufacturers, Foxconn and Wistron, have applied for Modi government's production-linked incentive (PLI) scheme to make India its next hub for production and exports of iPhones. India is set to become a major production hub for exporting mobile phones going by the way global major Apple has reacted to the government’s Rs 41,000-crore production-linked incentive (PLI) scheme. Among the local players, Lava, Dixon Technologies, and Karbonn have applied so far. South Korean major, Samsung and Flextronics are also expected to submit their applications shortly. Both Foxconn and Wistron are already present in India, with the former’s factory in Chennai and the latter’s in Bangalore. While Foxconn makes phones for Apple as well as several other firms also, Wistron makes exclusively for Apple. Foxconn’s Indian plant’s turnover in FY19 was around Rs 35,000 crore. The PLI scheme will extend an incentive of 4% to 6% on incremental sales over base year of goods manufactured in India and covered under target segments, to eligible companies, for a period of five years subsequent to the base year as defined. Due to this the domestic value addition for mobile phones is expected to rise to 35%-40% by 2025 from the current level of 2%-25%. Mobile manufacturing companies have the potential to get an incentive of around Rs 7,500 crore if they scale up production to worth about Rs 1.5 lakh crore over the next five years under the PLI scheme. The production of mobile handsets in 2018-19 has reached 29 crore units worth Rs 1.70 lakh crore from 6 crore units worth Rs 19,000 crore in 2014. While the exports of electronics has increased from Rs 38,263 crore in 2014-15 to Rs 61,908 crore in 2018-19, India’s share in global electronics production has reached 3% in 2018 from 1.3% in 2012.