Apple Expands iPhone Production in India for US-Bound New Models
Apple Inc. is expanding its iPhone production in India to reduce its dependence on China for US-bound models. The company is increasing production at five factories in India, including two recently opened plants. This move is part of Apple's strategy to diversify its supply chain and mitigate the impact of geopolitical tensions and trade uncertainties. By expanding its manufacturing footprint in India, Apple aims to leverage the country's skilled workforce and competitive production costs to meet the growing demand for iPhones in the US market. This initiative aligns with the Indian government's push to promote local manufacturing and reduce the country's trade deficit. The expansion of iPhone production in India is expected to contribute to the growth of the country's electronics manufacturing sector and create new employment opportunities.
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