Apple’s India iPhone Production Reaches $14 Billion in 2024
Apple’s India iPhone Production Reaches $14 Billion and Leaving China Behind It now assembles about 1 in 7 of its iPhones from India This increment indicates a huge shift from China Apple Inc. has significantly increased its iPhone production in India, with the tech giant assembling iPhones worth around $14 billion in the last fiscal year[6]. This growth represents a 100% increase in production, signifying Apple's intensified efforts to broaden its manufacturing base beyond China[3]. According to sources, Apple now manufactures approximately 14% or one in every seven of its premium devices in India[3]. This shift from China to India is a strategic move by Apple to diversify its manufacturing base and reduce reliance on a single country for production[5]. The Indian government's "Made in India" initiative, which mandates that 30% of foreign companies' products sold in the country be domestically manufactured or produced, has played a significant role in attrac...
