Apple’s India growth could also be impacted by US tariffs, as President Donald Trump on Friday introduced that the corporate must pay a minimum of a 25% tariff if iPhones should not made and offered throughout the nation.
In a publish on Fact Social, Trump mentioned, “I’ve way back knowledgeable Tim Prepare dinner of Apple that I anticipate their iPhone’s that will probably be offered within the United States of America will probably be manufactured and in-built the USA, not India, or anyplace else. If that’s not the case, a Tariff of a minimum of 25% should be paid by Apple to the U.S. Thank your to your consideration to this matter.”
Earlier on Could 15, Trump had requested Apple CEO Tim Prepare dinner to restrict Apple’s growth in India.
“I had a bit of downside with Tim Prepare dinner yesterday. I mentioned to him, my buddy, I’m treating you superb. You might be developing with USD 500 billion however now I hear you might be constructing throughout India. I do not need you constructing in India. You’ll be able to construct in India, if you wish to care for India as a result of India is likely one of the highest tariff nations on this planet, so it is vitally arduous to promote in India,” President Trump mentioned whereas addressing a information convention in Doha, Qatar.
Lately, Apple elevated its iPhone manufacturing in India by establishing new meeting vegetation in Tamil Nadu and Karnataka, with two services in Tamil Nadu and one in Karnataka. The corporate has partnered with producers like Foxconn and Tata Group to arrange these manufacturing models.
Within the final fiscal 12 months, Apple produced USD 22 billion price of iPhones in India from the 12 months ending March 2025, marking a outstanding 60% enhance from the earlier 12 months. Apple manufactured roughly 40-45 million iPhones in India throughout 2024, representing 18-20% of its whole international output. Roughly 15 million of those had been exported to the US, 13 million had been despatched to different worldwide markets, and about 12 million had been offered in India.
Apple manufactured roughly 40-45 million iPhones in India in 2024, accounting for 18-20 per cent of its international output. Of this, about 15 million had been exported to the US, 13 million to different worldwide markets, and about 12 million had been offered within the Indian market.
By January 2025, Apple set an eleventh consecutive quarterly income file in India, with iPhone gross sales estimated at USD 10 billion in 2024. India has develop into Apple’s fourth-largest market worldwide in 2024, after the US, China, and Japan.
As reported final month, as a consequence of rising commerce tensions and the excessive reciprocal tariffs imposed by China and the US in opposition to one another, Apple strategically shifted all iPhone manufacturing for the US market from China to India.