Apple iPhone: iPhone exports from India have increased by one-third in the six months to September, highlighting Apple’s initiative to expand manufacturing in the country and reduce dependence on China. The US company exported nearly $6 billion worth of iPhones made in India, a one-third increase in value terms compared to the previous year. Due to this, annual exports are poised to cross approximately $10 billion in the financial year 2024. Apple’s business growing in the country Apple is rapidly expanding its manufacturing network in India, taking advantage of local…
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Apple Major Milestone iPhone Production in India Company makes 1 in 7 Phone here Know Details
Apple Major Milestone: iPhone production is continuously increasing in India. According to a report, the company has assembled iPhones worth $14 billion in the financial year 2024. Apple is manufacturing about 14 percent of its flagship devices in India. This means that the company is making 1 iPhone out of every 7 phones in India. Taiwanese giant tech companies Foxconn and Pegatron have played a big role in increasing Apple’s production in India. According to Bloomberg report, Foxconn has assembled about 67 percent of the iPhones made in India, while…
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