Apple is set to bare the iPhone 16 alternation on Monday, with all-around sales accepted to activate 10 to 12 canicule later. Foxconn, one of Apple’s primary arrangement manufacturers, has already commenced assembly of the alternation in India.
For the aboriginal time, alike the iPhone 16 Pro and iPhone 16 Pro Max models will be alien across from Indian factories. The iPhone 16 boasts to be one of Apple’s best avant-garde devices, accumulation bogus intelligence (AI) features.
The about-face appear India as a key assembly hub is apparent as allotment of the tech giant’s efforts to alter its accomplishment operations, abnormally amidst accretion geopolitical tensions amid the United States and China, the address noted.
India’s role in all-around iPhone production
In 2021, India-made iPhone 13 models accomplished all-around outlets a few months afterwards their launch. By 2022, the gap for the iPhone 14 was bargain to beneath than two weeks. Aftermost year, Apple accomplished accompanying assembly for the iPhone 15 in India and China, admitting the Indian-made accessories were alone accessible locally on the aboriginal day of sales.
India currently contributes about 14 per cent of Apple’s absolute all-around production, up from 7 per cent aftermost year, according to the latest Economic Survey. Furthermore, Apple aims to move 25 per cent of its iPhone assembly to India by 2025 as allotment of its action to abate annex on China, the address said.
iPhones are currently only manufactured in India and China, but Apple has been steadily reducing the lag between the global launch of its new models and the availability of India-made iPhones.
iPhones worth Rs 1.20 turn manufactured in India in FY24
Apple’s contract manufacturers, including Foxconn Hon Hai, Pegatron, and Wistron (now owned by Tata Group), produced iPhones worth Rs 1.20 trillion in India during the financial year that ended on March 31, 2024, with exports valued at Rs 85,000 crore. These figures represent the value of the devices when they leave the factory (freight on board value), and retail prices are typically around 60 per cent higher.
This year, Apple’s made-in-India iPhone 16 series will be available in various countries within days of the retail launch on September 10.
Apple continues to lead mobile phone exports from India, serving as the flagship participant in the Indian government’s production-linked incentive (PLI) scheme for smartphones. This initiative is aimed at boosting local manufacturing and increasing exports.
