Business News
Apple's iPhone Production in India to Reach 25% of Global Shipments by 2025
Apple’s iPhone production in India has seen a remarkable increase, jumping from less than 1% in 2017 to 10% in 2023. According to a report by global investment firm Jefferies, this surge is largely attributed to India's 'Make in India' initiative and the production-linked incentive (PLI) scheme. The company aims to further boost its local manufacturing, with plans to scale up production to 25% of global shipments by 2025. This strategic move aligns with Apple’s goal to
Apple's iPhone Production in India to Reach 25% of Global Shipments by 2025
Apple’s iPhone production in India has seen a remarkable increase, jumping from less than 1% in 2017 to 10% in 2023. According to a report by global investment firm Jefferies, this surge is largely attributed to India's 'Make in India' initiative and the production-linked incentive (PLI) scheme. The company aims to further boost its local manufacturing, with plans to scale up production to 25% of global shipments by 2025. This strategic move aligns with Apple’s goal to







