Overview

• Apple aims to produce the majority of US-bound iPhones in India by the end of 2026 to reduce reliance on China and mitigate tariff impacts.
• Foxconn has committed $1.5 billion to expand its Indian manufacturing operations, bolstering Apple's supply chain shift.
• India's zero-duty export status on smartphones provides a competitive edge over China's higher tariffs, including a 20% fentanyl-related levy.
• Despite a temporary US-China tariff truce, Apple’s India strategy remains unchanged, with government officials stating it will only be enhanced.
• Apple is in urgent talks with suppliers, including Tata Electronics, to scale up production capacity and meet its ambitious relocation goals.