iPhones Get an Indian Accent: Apple to Ramp Up Local Output by 10%

Apple Inc. is accelerating its shift toward India as a global manufacturing hub, announcing plans to increase iPhone production in the country by around 10% this year. This strategic move underscores Apple’s commitment to diversifying its supply chain and reducing dependence on China amid ongoing geopolitical and trade tensions.

 

Key Highlights:

While local production may not immediately translate into lower retail prices for Indian consumers due to high component costs and taxes, it significantly strengthens India’s position in the global smartphone export market.

 

Source: Times of India