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Make in India: Apple assembled $14 bn worth of iPhones in India

Make in India: Apple assembled $14 bn worth of iPhones in India

HARIDHA P166 14-Apr-2024

Apple reportedly produced iPhones worth $14 billion in India. This is a large uptick, with Apple now producing around 14% of its flagship smartphones in the state.

According to Bloomberg, around one in every seven iPhones are now synthetic in India, citing people acquainted with the state of affairs.

Make in India: Apple assembled $14 bn worth of iPhones in India

Foxconn assembled nearly 67% of the iPhones built in India, observed by means of Pegatron Corp, which accounted for approximately 17%. The last percent became produced at the Wistron Corp facility within the southern nation of Karnataka, which the Tata Group acquired in the following year.

Apple's selection to boom production in India is regular with its goal of diversifying its delivery chain past China, specially as geopolitical tensions rise.

While China continues to be the major production base for iPhones globally, Apple's aims to make its footprint in India replicate a bigger fashion of decentralization inside the tech industry.

In comparable trends, Pegatron is reportedly in advanced talks to switch the manipulation of its iPhone production facility in Tamil Nadu to the Tata Group.

Furthermore, Apple intends to migrate as a minimum half of its contemporary delivery chain from China to India over the next three years, which is anticipated to drastically enhance process possibilities inside the United States of America.

Apple plans to immediately hire at least 500,000 people in India's ecosystem of aspect makers and suppliers, representing a huge boom from contemporary stages.

Key suppliers in India, along with Tata Electronics, Salcomp Technologies, Foxlink, and Sunwoda, have pop out as most important contributors to process creation, with estimates indicating the introduction of approximately one hundred fifty,000 direct jobs and more than 300,000 indirect jobs since the implementation of the production-connected incentive (PLI) scheme in August 2021.

Overall, the enlargement of Apple's production footprint in India, mixed with its goals for supply chain diversification, demonstrates the USA's developing relevance as a critical market and manufacturing base for the tech large.


Updated 15-Apr-2024
Writing is my thing. I enjoy crafting blog posts, articles, and marketing materials that connect with readers. I want to entertain and leave a mark with every piece I create. Teaching English complements my writing work. It helps me understand language better and reach diverse audiences. I love empowering others to communicate confidently.

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