Apple’s CEO Tim Prepare dinner has just lately made an enormous assertion in an interview. He mentioned that many of the iPhones bought in America will probably be ‘Made in India’ within the coming time. That’s, India is now shifting quickly in direction of turning into a manufacturing hub for Apple, not only a market.
This assertion of Tim Prepare dinner has come at a time when the development of iPhone in India has already gained momentum. Between March 2024 and March 2025, iPhones value about 22 billion {dollars} (about ₹ 1.88 lakh crore) have been made in India, which is a 60% development in comparison with final yr.
Why Apple’s belief in India elevated?
Apple is now lowering its dependence on China. Uncertainties like commerce battle, extra tariffs and Kovid pressured the corporate to show to various nations. India and Vietnam acquired essentially the most profit on this technique. Import tax can also be much less in India and schemes like Make in India of the federal government are attracting firms.
Labor prices in India are additionally lower than China. Together with this, the infrastructure required for electronics manufacturing is being ready quickly with the assistance of the federal government.
Tamil Nadu and Karnataka turn into manufacturing facilities
The iPhone assembling work in India is especially being accomplished in Tamil Nadu and Karnataka. Right here firms like Foxconn, Tata Electronics and Patron are making smartphones for Apple. Foxconn is at the moment Apple’s largest manufacturing accomplice. The corporate has additionally began a brand new plant in Karnataka with an funding of about ₹ 23,000 crore, the place hundreds of individuals are being skilled and engaged in work.
6 crore iPhone will probably be made yearly by 2026
In line with the report of the Monetary Occasions, if the present tempo continues, then from the yr 2026, greater than 6 crore iPhones will probably be made yearly in India. This quantity will probably be virtually double the present manufacturing capability.
Presently, one in each 5 iPhone worldwide is being made in India, however it’s clear from Prepare dinner’s assertion that within the coming years, the iPhones made for America and different nations will even be despatched from India.
India can also be turning into a frontrunner in export
In 2024, iPhone exports value $ 17.4 billion (about ₹ 1.49 lakh crore) have been exported from India. About 70% of iPhones made in India are being bought overseas. Exporting from India is cheaper than China, as a result of taxes are much less on the cellphone to be despatched from right here.
Apple’s grip will improve in India
Although Apple’s market share in India is just round 8%, however the growing center class and folks’s curiosity in premium telephones within the nation can take it additional within the coming years. It has turn into clear from Tim Prepare dinner’s current assertion that Apple is now seeing India not only a buyer, however as a accomplice. The nation’s coverage, value and expertise – three have made India a brand new middle of world iPhone manufacturing.