Cupertino-based giant Apple is reportedly moving part of its iPhone production to India Starting with the iPhone 14. Now a new report claims that the iPhone-maker could manufacture 25 percent of iPhones in India by 2025.
According to JP Morgan analysts Cited in a Reuters reportApple is looking to make one out of every four iPhones in India by 2025 as the company looks to shift some of its iPhone production away from China due to geopolitical uncertainty and strict COVID-19 lockdowns on the mainland.
According to the report, Apple will move around 5 percent of iPhone 14 production to India by the end of 2022. Earlier, it was Apple has reportedly started manufacturing the iPhone 14 in India Only a few months after the release of the Chinese-made iPhones. Analysts cited in the report estimated that by 2025, Apple could bring production of 25 percent of all products, including the Mac, iPad, Apple Watch and AirPods, outside of China. Currently, only 5 percent of Apple’s production is outside of China.
“Taiwanese vendors such as Hon Hai and Pegatron are playing a key role in the move to India. In the medium to long term, we expect Apple to qualify as local Indian manufacturing suppliers,” a JP Morgan analyst was quoted as saying in a Reuters report.
Apple has started assembling the iPhone in India since 2017. The company currently manufactures the iPhone in India through its suppliers Wistron and Foxconn. With the government pushing for local manufacturing with schemes like the Production Linked Incentive (PLI) and ongoing geopolitical tensions in China, Apple is planning to shift a major part of iPhone production to India.
Earlier, a Bloomberg A Tata Group report said It is in talks with Wistron for a joint venture to assemble iPhones in India, as Apple plans to address its production backlog in China.