Apple is approaching India from China, $ 22 billion iPhone made in 12 months


Apple iPhone: Apple Inc. has created a $ 22 billion value iPhone in India in the last 12 months, which is about 60 percent more than last year. People familiar with this matter say that in today’s time, manufacturing of 20 percent iPhone or one of the five iPhones is now in this South Asian country.

The company is taking India’s standing with China

This shows that Apple and its suppliers are now moving out of China. Amidst this increasing threat of trade war, Apple is insisting on setting up its manufacturing unit outside China. This is also because the American recipe on China is 145 percent against India’s 26 percent tariff. It is being told that due to the tariff policy of Trump, the US shipment has gained momentum from India. This process started in the time of Korona epidemic, when Apple turned to India from China after the functioning of some factories was affected due to the ‘zero covid policy’.

Export of so many billion dollars iPhone

Most iPhones made in India are assembled in the Foxconn Technology Group factory located in South India. Apple’s major suppliers in India are Foxconn, Wistron, Pegatron and Tata Electronics. The country’s technology minister said on 8 April, “Out of India’s total production, Apple exported iPhone of Rs 1.5 trillion ($ 17.4 billion) from the region in the financial year by March 2025.”

Apple now assembles the entire range of its iPhone in India, including titanium Pro model. To promote electronics manufacturing in India and attract foreign investment, the PLI (Production-Linked Inscent) Scheme of the government has been submitted to the Foxcon and Dixon Technology, making Apple iPhone in India.

Also read:

10 grams of gold in a week became expensive by Rs 5,010, the price of silver also rises; Learn what is the latest price in your city

(Tagstotranslate) Apple (T) China (T) Iphones (T) India (T) Apple iPhone (T) Apple (T) iPhone (T) China (T) China (T) China (T) Business News



Source link

  • support@headlinenews360.com

    Related Posts

    Bank stocks on a surge: IndusInd bank led the rally with over 6% – Times of India

    Banking stocks stole the spotlight on Tuesday as the broader markets continued their winning streak, driven by a mix of interest rate cuts and improved investor sentiment.Indusind bank was the…

    China showed power amidst trade war … Another big trouble standing for America

    US China Trade War: The controversy between the US and China these days over the new trade policy of Donald Trump is increasing. These countries are now face to face…

    Leave a Reply

    Your email address will not be published. Required fields are marked *