iPhone production in India hits $14 billion- Apple’s Make-in-India plan a huge success?
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In a notable development for global manufacturing, reports indicate that Apple has substantially increased its iPhone production in India, reaching an impressive $14 billion worth during the last fiscal year. This surge represents a doubling of production capacity and accounts for approximately 14% of Apple's total iPhone output. The move underscores Apple's strategic efforts to diversify its manufacturing beyond its traditional stronghold in China, a decision likely influenced by ongoing geopolitical tensions.Apple's Make-in-India plan a huge success?While the majority of the production in India currently focuses on models from the iPhone 12 to the latest iPhone 15, excluding the high-end Pro and Pro Max variants, it nonetheless signifies a significant milestone for India's aspi...
