Foxconn Set to Double iPhone Production in India, Accelerating Apple’s Diversification Strategy
Made in India iPhones to Double This Year
The number of 'Made in India' iPhones is projected to more than double this year, as Apple accelerates its efforts to diversify manufacturing away from China. Key iPhone assembler Foxconn is conducting trials at a new plant in Bengaluru to ensure it can ramp up production while maintaining high quality standards.
Key Points:
- Current Situation: Most iPhones are still manufactured in China, but India has been gradually becoming a significant secondary base. Apple aims to produce 25% of its iPhones in India by 2027.
- Government Incentives: The Indian government is supporting this move with tax breaks and other incentives as part of its 'Made in India' initiative.
- Foxconn’s Expansion: Foxconn plans to produce 25-30 million iPhones at its Indian plants this year, up from about 12 million last year. The company has been conducting limited trials over the past few months to ensure quality during scaled production.
- Future Goals: Analysts believe that if current trends continue, Apple could hit its target of producing 25% of iPhones in India by next year.