NEW DELHI: India is preparing to manufacture the flagship of Apple iPhone 14 smartphones with the company confirming that the devices would be manufactured in India at subcontractor Foxconn’s factory in Sriperumbudur, Tamil Nadu.
This would be perhaps the fastest scaling Apple has launched in its manufacturing setup in India, with the latest iPhone being manufactured here within weeks of its global unveiling which happened on September 7.
Contacted, the company confirmed the development. “The new iPhone 14 lineup introduces groundbreaking technologies and important security capabilities. We are excited to manufacture the device in India,” Apple told TOI in a statement.
Sources said that Indian-made devices would not only be sold in the country but also exported to global markets. However, manufacturing in India will not mean lower device prices.
Apple currently has its 3 major global manufacturing partners who manufacture smartphones in India. These are Wistron, Foxconn and Pegatron.
The company started manufacturing iPhones in India in 2017 with the iPhoneSE. Currently, Apple also manufactures iPhone SE, iPhone 12 and iPhone 13 in India. All three players enjoy manufacturing benefits provided under the government’s Production Linked Incentives (PLI) scheme.
The growing engagement in India comes at a time when the company appears to be looking outside of China for strong manufacturing operations. China accounts for the majority of the company’s production and it is estimated that Apple sources up to 95% of its products from the Land of the Dragon.
The Indian government has reportedly asked the US electronics giant to generate annual production worth $50 billion in the country in 5-6 years and to expand its pool of locally made products beyond iPhones to include Macbooks, iPads, Air Pods and Watches.
Apple has studied the “Make in India” program for its other products, but has so far only invested in iPhones. Apple reportedly made revenue above $3. 5 billion in India in the financial year ending September 2021, although much of this revenue comes from products largely imported from China and not produced in the country. The sale of Indian-made products is currently said to be low, prompting the government to push the company to consider deepening its commitment to manufacturing in India.
The manufacturing potential looks promising for India. Apple’s worldwide revenue in the fiscal year ended September 2021 was $365 billion, of which $191 billion came from iPhones, while about $67 billion came from Macbooks and laptops. iPads. Wearable devices such as Air Pods and watches brought in another $38 billion.
This would be perhaps the fastest scaling Apple has launched in its manufacturing setup in India, with the latest iPhone being manufactured here within weeks of its global unveiling which happened on September 7.
Contacted, the company confirmed the development. “The new iPhone 14 lineup introduces groundbreaking technologies and important security capabilities. We are excited to manufacture the device in India,” Apple told TOI in a statement.
Sources said that Indian-made devices would not only be sold in the country but also exported to global markets. However, manufacturing in India will not mean lower device prices.
Apple currently has its 3 major global manufacturing partners who manufacture smartphones in India. These are Wistron, Foxconn and Pegatron.
The company started manufacturing iPhones in India in 2017 with the iPhoneSE. Currently, Apple also manufactures iPhone SE, iPhone 12 and iPhone 13 in India. All three players enjoy manufacturing benefits provided under the government’s Production Linked Incentives (PLI) scheme.
The growing engagement in India comes at a time when the company appears to be looking outside of China for strong manufacturing operations. China accounts for the majority of the company’s production and it is estimated that Apple sources up to 95% of its products from the Land of the Dragon.
The Indian government has reportedly asked the US electronics giant to generate annual production worth $50 billion in the country in 5-6 years and to expand its pool of locally made products beyond iPhones to include Macbooks, iPads, Air Pods and Watches.
Apple has studied the “Make in India” program for its other products, but has so far only invested in iPhones. Apple reportedly made revenue above $3. 5 billion in India in the financial year ending September 2021, although much of this revenue comes from products largely imported from China and not produced in the country. The sale of Indian-made products is currently said to be low, prompting the government to push the company to consider deepening its commitment to manufacturing in India.
The manufacturing potential looks promising for India. Apple’s worldwide revenue in the fiscal year ended September 2021 was $365 billion, of which $191 billion came from iPhones, while about $67 billion came from Macbooks and laptops. iPads. Wearable devices such as Air Pods and watches brought in another $38 billion.
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