Iphone Manufacturing In India

This equates to a $15 billion market value, with 70% exported

Under the deal announced internally last week, Tata will hold 60 per cent and run daily operations under the joint venture, while Pegatron will hold the rest and provide technical support

"We continue to be excited by the enthusiasm we are seeing in India, where we set an all-time revenue record," said Cook

There are 15 Indian suppliers; further expansion on the cards

Apple's India assembly entry strategy has been led by Taiwanese giant Foxconn, along with Wistron - taken over by the Tata Group - and Pegatron, though the latter two are much smaller

Apple announced that its India-made iPhone 16 Pro and iPhone 16 Pro Max will soon be available locally and will also be exported to select countries worldwide

Tata Electronics is investing Rs 6,000 crore in this plant, which will make Tata the second-largest iPhone assembler in India, following Foxconn. The fire did not impact this facility

The 88-year-old designer, author of books like The Design of Everyday Things, Emotional Design, Design for a Better World was in India as advisor to BITS Design School, Mumbai, for a three-city tour

Differential with US, UAE, Thailand significant despite lower launch MRPs

Apple has assembled iPhones in Brazil; however, this is the first time the company is reportedly making the new iPhone series from day one in the country

Apple is set to unveil its highly anticipated iPhone 16 series, which boasts new AI features, on Monday, with global sales expected to begin 10 to 12 days later

The Chennai-based company is targeting over a 40 percent rise in its revenue in the next two years

Southern states have all made offers to Foxconn to establish large industrial parks or townships, as the Apple manufacturer eyes expansion in India

Pictures of an iPhone 16 Pro box with "Assembled in India" label have reportedly surfaced on the Chinese social media platform Weibo

iPhone 16 Pro and Pro Max trial assembly begins in India by Foxconn with production costs expected to decrease by 10%. But retail prices in India may remain the same due to tax and component costs

The initial batch of iPhone 16 Pro and Pro Max models will be imported, but Apple will begin local assembly for both domestic and export markets soon after

Firm commits export target of $9 billion for FY25

Apple CFO Luca Maestri further highlighted the strong performance for Mac products in emerging markets, including India, during the call

Sharpest price is for iPhone SE assembled in India; other models become cheaper too

The decision to assemble in India paid off even though it was focused on exports in the beginning. In FY19, only 10% of Apple's phones sold in India were assembled in India, a figure that has now grow