Half of iPhones will be manufactured in India
Today, India is responsible for only 5 percent of global iPhone production. However, reports shared in September said that this level would reach 25 percent by 2025. Today, the China Morning Post reported that one of every iPhone model produced by 2027 will come from India. This shows us that we will reach a level of 50 percent.
In addition, the news source says that Apple is reducing iPhone component orders from Chinese suppliers, which negatively affects earnings forecasts and stock prices. It looks like the Cuppertino giant has started accelerating its plans to expand production. Because the latest data shared revealed that more than $ 2.5 billion iPhone was exported in India from April to December.