Last year, the release of the iPhone 14 in India was handled with minimal delay compared to the Chinese sites of Apple contractors, and this fact was noted by the country’s Commerce Minister Piyush Goyal (Piyush Goyal) during a speech this week. He also said that Apple intends to bring the share of smartphones produced in India to a quarter of the entire supply structure, although he did not specify by what date.
The agency announced Reutersdirectly quoting an Indian official. “Apple is another success story. They now produce about 5-7% of the products in India. If I’m not mistaken, they’re going to increase that to 25%,” Piyush Goyal said verbatim. Note that Apple’s readiness to bring manufacturing localization in India to such a level by 2025 was previously reported by analysts at JP Morgan. DigiTimes Research experts went even further, stating that Apple is poised to increase the proportion of iPhones produced in India to 50% by 2027.
Last year, Reuters reported that Foxconn will quadruple its workforce in India over the next two years. India’s Electronics and Information Technology Minister Ashwini Vaishnaw said Monday that exports of Apple products from India hit $1 billion in December. The assembly of Apple smartphones in India began only in 2017 at the Wistron plant, later the Foxconn plant appeared here, but recently 14 Apple contractors received permission to expand production in this country.