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Apple to Manufacture iPhones in India

CIO Insider Team | Monday, 26 September, 2022
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Apple is planning to manufacture its latest iPhone 14 in India as the global tech titan bets big on the manufacturing prowess of the world's second-biggest smartphone market after China.

In India Apple started manufacturing iPhones in India in 2017 with iPhone SE. some of its advanced iPhones in the country including iPhone SE, iPhone 12, iPhone 13 and, now, iPhone 14 currently.

This month, Apple unveiled its latest iPhone series -- the iPhone 14 models fixed with an improved camera, powerful sensors and satellite messaging feature to send SOS texts in emergencies. The new lineup has four models: iPhone 14, Plus, Pro and ProMax.

According to reports, the Made-in-India iPhone 14 will start reaching local customers in the upcoming days. These phones manufactured in the Indian market will be both for import and exports.

The iconic brand has a long-standing history in India that started more than 20 years ago. Apple launched its online store in the country in September 2020 and is set to deepen its commitment with the upcoming launch of Apple retail store.

Foxconn's Sriperumbudur facility on the outskirts of Chennai is expected to take care of the shipping

The recent manufacturing expansion builds on several Apple initiatives in the country, including App Design and Development Accelerator in Bangalore and programs with local organizations to support renewable energy training and development for communities.

India's vibrant market is turning out to be the sweet spot for the US tech giant, as the company reported a near doubling of revenue in the country in the quarter ended June 2022.

Foxconn's Sriperumbudur facility on the outskirts of Chennai is expected to take care of the shipping. Foxconn is the world's largest contract electronics manufacturer and major iPhone assembler.

Southeast and South Asian countries (like India, Vietnam, Thailand) have become preferable locations for geopolitical diversification away from China for Apple food chain vendors, given their lower labor costs, sufficient skilled manpower support and appealing policies and government support, according to JP Morgan analysts.

It is also forecast that nearly 25 percent of all Apple products will be manufactured outside China by 2025 as compared to five percent at present.

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