Apple's iPhone Production in India Reaches $14 Billion, Signifying a Strategic Shift from China

As Apple diversifies its supply chain, India now manufactures about 14% of its iPhones, highlighting a significant reduction in reliance on Chinese manufacturing.

Apple has assembled $14 billion worth of iPhones in India in fiscal 2024, accounting for about 14% of its total production.
Foxconn, Pegatron, and Tata Group are the primary manufacturers, with Foxconn leading at 67% of the production.
The move is part of Apple's strategy to mitigate geopolitical risks and reduce dependency on China amid escalating US-China tensions.
Production shift has also spurred economic benefits in India, including the creation of approximately 150,000 jobs.
Apple's market strategy includes increasing its retail presence in India, with plans to open more stores by 2027.