Apple to shift iPad production to India from China: Reports

6 Dec 2022 , 09:45 AM

India is set to emerge as a major hub for iPhone manufacturing as US smartphone big Apple appears to diversify manufacturing items outdoors China. 

According to the media reports, Industry executives and analysts anticipate the share of regionally made iPhones to rise to over a fifth of whole output in worth within the subsequent three to 4 years, from the present 5% stage.

As per the business executives and analysts, manufacturing in India for the Cupertino-based major is about to rise sharply as the corporate’s three contract producers — Foxconn, Pegatron and Wistron — ramp up manufacturing and subsequently exports, pushed by the federal government’s Rs41,000-crore manufacturing linked incentive (PLI) scheme.

Apple has been progressively working in the direction of shifting a bigger portion of iPhone manufacturing to India amid geopolitical tensions between China and the US. The firm is alleged to have accelerated its plans to make the shift from China after Covid-induced lockdowns disrupted manufacturing at Foxconn amenities within the nation.

Apple produced smartphones worth $205 billion in its fiscal year ended September 2022. According to Counterpoint Research, mainland China’s contribution is gradually going down – to around 91.2-93.5% of global shipments in 2022, from 95.8% in 2021 and 98.2% in the year 2020.

For feedback and suggestions, write to us at [e-mail]