Apple’s iPhone production in India has surged to $14 billion during the fiscal year 2024, marking a significant milestone for the tech giant’s operations in the region. Bloomberg News is reporting that this output accounts for roughly 14% of Apple’s flagship devices or about one in every seven iPhones worldwide. The shift in iPhone production from China to India is attributed to escalating geopolitical tensions between Beijing and Washington.
Foxconn and Pegatron Corp, two major players in the electronics manufacturing industry, have taken charge of assembling approximately 67% and 17% of these iPhones, respectively. Wistron Corp’s plant in Karnataka, now under the management of the Tata Group, contributed to the remaining production.Despite enquiries from Reuters, Apple has chosen not to comment on the developments regarding its India operations.
While China remains the primary hub for iPhone manufacturing globally, Apple is reportedly seeking to diversify its supply chain beyond Chinese borders.In light of these changes, Pegatron is currently engaged in advanced negotiations to transfer control of its sole iPhone manufacturing facility in Tamil Nadu to the Tata Group. The Indian conglomerate is expected to become Pegatron’s joint venture partner in constructing another plant in Hosur, Tamil Nadu, further solidifying India’s position as a key manufacturing base for Apple.
The move towards expanding iPhone production in India underscores the growing importance of the country as a strategic market for Apple and reflects broader trends in global supply chain management. As geopolitical dynamics continue to evolve, Apple’s efforts to diversify its manufacturing footprint demonstrate a proactive approach to mitigate potential risks and capitalise on emerging opportunities.
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