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RE: LeoThread 2025-04-03 13:17

in LeoFinance6 months ago

India
Over the last two years, Apple has made a big push to ramp up iPhone production in India as the government looks to increase local manufacturing of high-tech goods.

Apple is targeting around 25% of all iPhones globally to be made in India, a government minister said in 2023.

India could reach about 15%-20% of overall iPhone production by the end of 2025, Bernstein analysts estimate. Evercore ISI said around 10% to 15% of iPhones are currently assembled in India.