India will manufacture 50 percent of all iPhones in the world – India is projected Up to 50% of Apple’s iPhones are expected to be assembled in India by 2027, up from less than 5% today. According to a South China Morning Post report, this will bring India’s production levels to parity with mainland China. India is already expected to produce up to 25% of all iPhones by the end of 2023 and up to 40% by 2025. Meanwhile, China, which produced up to 85% of all iPhones worldwide last year, is in jeopardy from the US impact.
China is undertaking decoupling efforts to lose its dominant position as a manufacturing base for his Apple devices, according to Digi Times analyst Luke Lin. Plans to move the Cupertino-based tech giant’s manufacturing supply chain out of China will “mainly” benefit India and Vietnam, analysts say. According to a recent JP Morgan analysis, India is expected to assemble at least 25% of the world’s Apple iPhones by 2025.
India will manufacture 50 percent of all iPhones in the world by 2027
India will manufacture 50 percent of all iPhones in the world by 2027, according to a report by KPMG. The use of local components will help India reduce its reliance on China, which has been the primary supplier of manufacturing for Apple’s products. This news comes as good news for the Indian economy, as it will provide jobs and boost the country’s exports. India is currently the world’s second-largest smartphone market and is expect to grow even larger in the coming years.
According to estimate by Digi Times research analysts Luke Lin, India and Vietnam are to become the biggest beneficiaries of smartphones supply chain migration out of China. Lin stated that India accounted for 10-15 per cent of iPhones overall production capacity at the end of 2022, but the actual output so far has been less than 5 per cent.
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Also read – Tata likely to open Apple Stores across India
iPhones in the world
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According to a South China Morning Post report, Apple is expected to move 50% of its iPhone production to India by 2027, in a major shift from its current Chinese suppliers. Tech giants are looking to reduce their reliance on Chinese contract manufacturers, citing declining demand. India is now her second largest manufacturing center for Apple in the world after China. Recently, JP Morgan analysts were quoted in a Reuters report stating that Apple plans to move 25% of its global iPhone production to India by 2025.
India plans to manufacture more iPhones
It’s no secret that India is a major player in the global smartphone market. In fact, Apple has accumulated a large share of the Indian market, with over 30% of the total sales. India’s strong demand for smartphones has forced other companies to start manufacturing smartphones in the country. And now, the Indian government has announced plans to increase the production of iPhones even further.
In November, Communications and IT Minister Ashwini Vaishnav said Apple was building its largest iPhone manufacturing’s facility in Hosur, about 40 kilometers from Bengaluru. The factory employs up to 60,000 people, and 6,000 tribal women from Ranchi and Hazaribagh regions in Jharkhand are being trained to assemble iPhones. Apple chose Tata Electronics, which has a factory in Hosur, to manufacture the iPhone cases.
In 2017, the tech giant began producing iPhones through Wistron in India, starting with the iPhone SE. Since then, the Cupertino giant has worked with suppliers to increase production in India. Tata is in talks with Wistron to take over his job. Apple recently announced that it will manufacture the iPhone 14 at Foxconn’s Sriperumbudur factory in Chennai. It is also said that the Apple iPhone 15 will be produced simultaneously in China and India.
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Conclusion
India will manufacture 50 percent of all iPhones in the world by 2027, according to a report by Counterpoint Research. The reason? Rapid growth in the country’s smartphone market and strong brand loyalty among consumers. As a result, Apple’s overall share of the global smartphone market is likely to decline.