Apple plans to triple iPhone production in India over the next two years, significantly expanding its capabilities in the country, according to a new report from LiveMint.
"They're looking to scale up the volumes that they make from India... it can rise by more than three times what they aim to make this year," a senior industry executive told the site.
Apple has reportedly instructed Foxconn, Pegatron, and Wistron to increase manufacturing capabilities in India. "They're adding assembly lines and manpower," another executive said.
A senior government official confirmed that Apple was increasing production capabilities for the near term and long term. "India is being increasingly looked at as a player in the global value supply chain," he said.
"We should expect 12-15 million iPhones being produced in India over the next two years. However, to meet this number, the iPhone Pro range also needs to be assembled in India by 2023, along with exports, as the India market alone may not be able to absorb all that is made here," said Navkendar Singh, associate vice-president, devices research at IDC India, South Asia and ANZ.
It's believed that Apple is looking to accelerate production outside of China following COVID lockdowns that severely impacted its supply of the iPhone 14 going into the holiday season. Besides India, Apple is also looking to assemble more devices in Vietnam.
More details in the full report linked below...
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"They're looking to scale up the volumes that they make from India... it can rise by more than three times what they aim to make this year," a senior industry executive told the site.
Apple has reportedly instructed Foxconn, Pegatron, and Wistron to increase manufacturing capabilities in India. "They're adding assembly lines and manpower," another executive said.
A senior government official confirmed that Apple was increasing production capabilities for the near term and long term. "India is being increasingly looked at as a player in the global value supply chain," he said.
"We should expect 12-15 million iPhones being produced in India over the next two years. However, to meet this number, the iPhone Pro range also needs to be assembled in India by 2023, along with exports, as the India market alone may not be able to absorb all that is made here," said Navkendar Singh, associate vice-president, devices research at IDC India, South Asia and ANZ.
It's believed that Apple is looking to accelerate production outside of China following COVID lockdowns that severely impacted its supply of the iPhone 14 going into the holiday season. Besides India, Apple is also looking to assemble more devices in Vietnam.
More details in the full report linked below...
Read More