Apple's India iPhone Production Reaches $14 Billion, Shifting Focus From China
Over the last fiscal year, Apple Inc. has significantly increased its iPhone production in India, assembling $14 billion worth of devices. This production accounts for approximately 14% of Apple's total output of its flagship phones, roughly translating to one in every seven iPhones being manufactured in the country. This increase not only doubles the value of iPhones produced in India compared to the previous year but also represents a strategic shift for Apple as it aims to diversify its manufacturing base beyond China and expand its global production footprint.
The move to ramp up production in India is seen as a response to the broader geopolitical and supply chain concerns that have highlighted the risks of over-reliance on a single region. By boosting its production capacity in India, Apple is positioning itself to better manage potential disruptions and cater to global markets more effectively. This development aligns with the company's ongoing efforts to mitigate risks and ensure a more resilient supply chain.
