"Based on the initial sales, iPhone XR took the same share of iPhone sales as earlier models in their first month on the market", CIRP co-founder Josh Lowitz said.
The Taiwanese company had chosen its plant in the southern state of Tamil Nadu, in the town of Sriperumbudur, to do the work, according to the report. Foxconn will invest $356 million and the investment may create as many as 25,000 jobs.
Apple did not immediately respond to a Fortune request for comment on the report. Foxconn's expansion of Indian production facilities will help Apple gain traction in another market and protect the company from trade war fallout.
Until now, Cupertino, California-based Apple has only assembled the lower-cost SE and 6S models in India through Wistron Corp's local unit in the Bengaluru technology hub.
Despite any number of stories claiming that Apple's iPhone XR isn't selling as well as anticipated, a new research report from Consumer Intelligence Research Partners (CIRP) paints a slightly more optimistic picture. As a point of comparison, only 11% of new iPhone owners during November of 2017 were coming over from the Android camp.
The decision to move assembly from China to India could be prove to be critical to keeping iPhone costs down. Additionally, it is also not confirmed whether the production will be confined to assembly or include some component production in the country.
"Widening iPhone manufacturing in India through Foxconn will allow Apple to hedge the risk of any new USA trade policies", said Navkendar Singh, an associate research director at International Data Corporation.