One in every four units comes from India! 25% of iPhones will be produced in India by 2028

News on May 17, according to media reports, Indian Minister of State for Electronics and IT Rajeev Chandrasekhar said that Apple is planning to expand its production scale in India, and it is expected that by 2028, 25% of iPhones will be produced in India.

Chandrasekhar praised Indian Prime Minister Narendra Modi’s Production-Linked Incentive (PLI) scheme and noted that Apple is deepening its ecosystem in India by building a network of local suppliers.

Currently, Apple has begun to establish a local supply chain in India, and its main production partners Foxconn and Tata Electronics will also expand their manufacturing capabilities in India.

Foxconn, as the world's largest contract manufacturer and Apple's largest contract partner, holds the largest share of iPhones made in India.

In October last year, Tata Electronics acquired Wistron’s manufacturing subsidiary in India for US$125 million. Although it currently produces a small number of iPhones, it is planning to expand its production scale and may acquire another iPhone manufacturer. Manufacturer Pegatron's operations in India.

At the beginning of 2023, India was responsible for only 5% to 7% of Apple manufacturing, but by the end of the year, this proportion had grown to 14%. Currently, iPhone 12, 13, 14 and 15 models are already produced in India.

JPMorgan analysts had previously expected that a quarter of Apple products would be made outside China by 2025, up from just 5% in 2022.

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