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Apple India Produces $22 Billion of iPhones in Shift From China

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Apple has assembled iPhones worth $14 billion in India in the fiscal year 2024. Apple assembles 14% of its iPhones in India, which means 1 out of every 7 iPhones is assembled in India. Foxconn owns 67% of the iPhones assembled in India, Pegatron
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In the wake of the US-China trade conflict, tech major Apple will source most of the iPhones sold in the North American nation in the June quarter from India. Apple CEO Tim Cook made the announcement in a post-earnings call. The CEOโs confirmation c
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โiPhones with a Masala Upgrade: Apple Dials India for a $40 Billion Boost!โ Apple is set to produce up to $40 billion worth of iPhones in India by FY26, aiming to meet 80% of U.S. demand and all of Indiaโs. Thanks to zero tariffs on Indian imports t
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In 2024โ25, Indiaโs total imports stood at $915.19 billion, with China accounting for the largest share at $126.96 billion. During the same period, India recorded a trade deficit of $94.26 billion, widening from $78.39 billion in the previous year. I
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