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Apple reportedly manufactured iPhones worth $14 billion in India. This signifies a significant uptick, with Apple now producing approximately 14 percent of its flagship devices nationwide.
According to a Bloomberg report citing sources familiar, about one in seven iPhones is now made in India.
Foxconn took the lead in assembling nearly 67 percent of the iPhones made in India, followed by Pegatron Corp at about 17 percent. The remaining portion was manufactured at Wistron Corp’s facility in the southern state of Karnataka, which was acquired by the Tata Group last year.
Apple’s move to ramp up production in India aligns with its strategy to diversify its supply chain beyond China, particularly amidst escalating geopolitical tensions.
While China remains the primary manufacturing hub for iPhones globally, Apple’s efforts to bolster its presence in India reflect a broader trend of decentralization in the tech industry.
In related developments, as reported by Reuters, Pegatron is reportedly in advanced discussions to transfer control of its iPhone manufacturing facility in Tamil Nadu to the Tata Group. Additionally, the Tata Group is investing in a new plant in Hosur, Tamil Nadu, with Pegatron expected to become its joint venture partner.
Furthermore, Apple plans to shift at least half of its supply chain from China to India over the next three years, which is anticipated to increase job opportunities in the country significantly.
According to a report by the Economic Times, Apple aims to directly employ at least 500,000 people in India’s ecosystem of component makers and suppliers, indicating a substantial expansion from current levels.
Critical suppliers in India, including Tata Electronics, Salcomp Technologies, Foxlink, and Sunwoda, have significantly contributed to job creation. Estimates suggest that approximately 150,000 direct jobs and an additional 300,000 indirect jobs have been created since the introduction of the production-linked incentive (PLI) scheme in August 2021.
Overall, the growth of Apple’s manufacturing footprint in India and its plans for supply chain diversification underscore the country’s increasing importance as a tech giant’s strategic market and production hub.
