Tech giant Apple has been making iPhone for quite some time in India. According to the US broadcast Bloomberg report, the company has made about $ 22 billion worth of iPhones in India in the last 12 months. This amount is about 5 percent higher than the previous year, which is a traditional record. Apple is mainly increasing production in India as part of an attempt to remove production from China.
Some of the sources in this regard have told Bloomberg that Apple now produces one out of every five iPhones produced around the world in India. That is, in India, only 20 percent of their total iPhone production is in India. And these $ 22 billion dollar calculations have been made according to the prescribed price, not on the basis of retail market prices.
This data shows that Apple and their suppliers are transferring their production to China to India faster. The process began only after the production of production in China's largest factory during the Covid-1 epidemic.
Most of the iPhones made in India are added to the factory of the Foxconn Technology Group. This factory is located in southern India. The activities of the Tata Group's electronics producing branches and the activities of the Wistron Corporation and Pegatron Corporation also play an important role here. Apple has not received any comments on this topic.
India's Technical Minister Ashwini Vaishnava said on April 4 that Apple exported one trillion rupees or $ 1.3 billion iPhone from India in the last fiscal year (until March 2021).
Sources, who are reluctant to be named, said that the export of iPhone from the United States has increased after Donald Trump's Recyprocal tariff or counter -tariff 'mutual' tariff imposition of tariffs. Apple's average production and exports have increased in India throughout the financial year. According to a previous report by Bloomberg News, Apple will give more importance to the iPhone provided by India for US customers.
The Trump administration has recently excluded electronic products, such as smartphones and computers from the counter -tariff. This is good news for companies like Apple and Nvidia Corporation. However, this discount does not apply to Trump's 20 percent tariff imposed on China.
This means that there will be no tariff on the iPhones made in India. Excluding Friday's concession, Trump's total tariff on China has risen to 5 percent. As a result, companies like Apple will be more forced to remove their supply from China.
However, due to the huge dependence on China and the huge dependence on China, it may take years to transfer production to other countries. It is not possible for Apple to produce an iPhone in the United States even if Trump wants. This is because there is a lack of necessary factories and workers.
Apple chief executive officer Tim Cook has often praised Chinese workers' high skills. As one of the Bloomberg Intelligence was said in 2022 that Apple's 5 percent production capacity would take eight years to move from China to China.
Apple now produces their entire iPhone lineup (that is, all the conventional models) in India, including the expensive Titanium Pro model. The government subsidy given under Prime Minister Narendra Modi's 'Make in India' initiative is also behind the success of their production in the world's most populous country.
The Modi government is also seeking to increase the production of electronic parts through new financial incentives of $ 2.7 billion. In addition, they are also interested in improving the semiconductor industry. Apple's participation in India's smartphone market is about 5 percent. In India in the fiscal year 2021, their sales have surpassed about $ 1 billion, most of which came from the iPhone.
