Become the 1% • 2m
“iPhones with a Masala Upgrade: Apple Dials India for a $40 Billion Boost!” 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 India’s. Thanks to zero tariffs on Indian imports to the U.S. (unlike China’s 20%), it’s a strategic, cost-saving move that marks India’s rising role in Apple’s global game plan.
Content creator • 1y
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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