In recent years, Apple has increased iPhone production in India. According to a recent Bloomberg article, the Cupertino-based tech giant now produces approximately 7% of its entire iPhone inventory in India. The production was only 1% back in 2021. The world's fastest-growing smartphone market is now India.
The business increased iPhone production in India by thrice over the previous fiscal year. According to the study, Foxconn Technology Group, Wistron, and Pegatron Corp. helped Apple construct more than $7 billion worth of iPhones in India. Notably, as tensions between the two countries rise, Apple is looking into methods to lessen its dependency on China.
In China's 'iPhone City' complex in Zhengzhou last year, Apple had trouble keeping things running smoothly. Even the corporation had to reduce its output in the nation. Recently, PM Narendra Modi unveiled a few incentives to encourage domestic production in the nation, which might be advantageous to businesses like Apple.
According to past reports, Apple would begin producing about 25% of its iPhones in India by 2025. The article further states that the tech giant will probably introduce its new iPhones in India concurrently with China. For the first time, iPhone manufacturing will start at the same time in both nations.
The research also disclosed that 60,000 people are employed by Foxconn, Wistron, and Pegatron together in India.
India is where Apple manufactures the iPhone 11, iPhone 12, iPhone 13, and iPhone 14. It was recently announced that it will also produce AirPods in the nation in addition to the above.
While the other Pro models in the lineup will reportedly be made in China, there are also rumours that the next iPhone 15 model would be made in India.
The Apple BKC store, the company's first physical location in India, will open in Mumbai. The next day, April 20, there will be an Apple Saket launch in New Delhi. Apple CEO Tim Cook is rumoured to travel to India for the opening and maybe have a meeting with Prime Minister Narendra Modi.