Apple's Make in India Milestone: iPhone 16e Series Now Manufactured Locally

Apple has confirmed that its new iPhone 16e series is now being produced in India, a major step in the company's push for local manufacturing. This development is part of Apple's strategy to relocate 25% of its iPhone production globally to India by 2025. The new models, including the high-end Pro variants, are being assembled at the Foxconn plant in Sriperumbudur, Tamil Nadu. This comes after Apple successfully produced the iPhone 15 series in India last year. The increase in local production is likely to increase India's electronics exports and solidify its position in global supply chains.
Sources: Bloomberg, Economic Times, Business Today