Apple Triples iPhone Production In India to $7B

Apple tripled iPhone production in India last fiscal year, assembling more than $7 billion of iPhones. Thereby shifting from China.

The development comes as Apple has been exploring ways to reduce its reliance on China for manufacturing iPhones.

Apple currently produces nearly 7% of iPhones in India, and India's iPhone production is estimated to account for 1% of the world's in 2021.

Of the total production, Apple exported $5 billion of iPhones in the year ended March 2023, nearly four times as much as the previous period.

Apple will likely try to manufacture the next iPhones in India at the same time as in China, sometime in the fall of 2023.

Apple could assemble a quarter of all its iPhones in India by 2025 if the aggressive expansion of its suppliers continues.