Mumbai
Legendary technology company Apple plans to increase its production in India and carry up $ 40 billion (about Rs 3.36 lakh crore) by the end of FY 26. Production in India is being shifted by technology giant at a time when relations between China and America are increasing due to trade tariffs and geopolitical tension.
Most of the phones sold in the US during the April-June period will be made in India
According to industry estimates, this move will be able to meet 80 percent iPhone demand produced in the US and at the same time India’s growing domestic demand can be met. Recently, Apple CEO Tim Cook had told that most of the phones sold in the US during the April-June period would have been made in India. Apple is focusing on selling iPhones made in India in America. The reason for this is to impose a large amount of recipe on China on behalf of the US government.
China will remain the main source of most Apple products sold outside America
China will remain the main source of most Apple products sold outside the US. At the same time, India and Vietnam are emerging as major manufacturing centers. For example, Cook said that almost all iPads, Mac, Apple Watch and Airpods sold in the US will now come from Vietnam. Apple is expected to have an impact of $ 900 million from the US tariff in the current quarter, However, long -term effects are still uncertain.
In FY 25, smartphone has been India’s top export category and exported more than Rs 2 lakh crore
Cook said that we are not able to accurately estimate the impact of the tariff, as we are uncertain about the possible future actions. In FY 25, the smartphone has been India’s top export category and exported more than Rs 2 lakh crore. The company said that recently there has been a record of quarterly sales in the Indian market.
