Cheaper iPhones on the way? Apple is actively looking to increase production in India

By Mustafa Khan | Published 24 Jan 2023 20:26 IST
HIGHLIGHTS
  • Apple to increase production of iPhone to 25% from 5-7%.

  • Apple could bring 25% of its global iPhone production to India by 2025.

  • Currently, Apple only has a small 5% market share in India's smartphone market.

Cheaper iPhones on the way? Apple is actively looking to increase production in India
Cheaper iPhones on the way? Apple is actively looking to increase production in India

The Minister of Commerce and Industry Mr Piyush Goyal announced that tech-giant Apple has new plans for India. The company is planning to increase its iPhone production in India to 25% from the present 5-7%. 

iPhone 14

The minister further praised the move as "another success" story for the economy. However, there has been no official confirmation from Apple's side. Recently, Apple produced the latest model of the iPhone 14 series in India, close to its launch. This was a first as Apple was earlier only producing older models in India. 

Manufacturing of iPhones started in India only in 2017. Apple has entrusted Foxconn, a Taiwanese company with the production of its phones. In India, they are being produced in Sriperumbudur which is located on the outskirts of Chennai.

Apple to increase iPhone production in India

Analysts from JP Morgan have said that Apple could bring 25% of its global iPhone production to India by 2025. This could come as a blessing to India's economy as Apple is the world's biggest technology company. Eventually, this would help establish India's image as a high-skill tech market.

Apple is exploring options to shift some of its manufacturing elsewhere from China. A majority of the iPhones are being produced in China. However, during the Covid outbreak production saw a lot of disruptions.

iPhone 14

A CNBC report also stated that India is considering bringing a certain part of Apple's iPad production home from China.

Presently, Apple only has a small 5% market share in India's smartphone market. But at the same time, CEO Tim Cook has recognized it as a potential market.

For more technology news, product reviews, sci-tech features and updates, keep reading Digit.in or head to our Google News page.

Apple iPhone 14 Pro Max 512GB Key Specs, Price and Launch Date

Price: ₹169900
Release Date: 08 Sep 2022
Variant: 128 GB/8 GB RAM , 256 GB/8 GB RAM , 512 GB/12 GB RAM
Market Status: Launched

Key Specs

  • Screen Size Screen Size
    6.7" (QHD)
  • Camera Camera
    48 | 12 MP
  • Memory Memory
    512/12
  • Battery Battery
    4352 mAh
Mustafa Khan
Mustafa Khan

Email Email Mustafa Khan

Follow Us Facebook Logo

About Me: Mustafa is a tech geek who is currently working with Digit as an Intern. He tests the new gadgets that come on board and writes for the news desk. He has found his way with words and takes his research very seriously. Read More