Apple looks set to ramp up iPhone manufacturing in India, moving some away from China. Top Apple execs have reportedly met with government officials in the country.
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iPhone Manufacturing Shifting From China to India
Production in India looks likely to be conducted by existing contractors Wistron and Foxconn. A senior government official told India publication Economic Times:
We expect Apple to produce up to $40 billion worth of smartphones, mostly for exports through its contract manufacturers Wistron and Foxconn, availing the benefits under the production-linked incentive (PLI) scheme.
It appears this move to manufacturing in India is motivated by financial incentives being offered by the Indian government. It would also provide ready access to a large but still relatively untapped market for Apple.
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