Loading...
Market
What will be the main reason for Apple's production shift to India by end of 2025?
2
Resolution / Starting Odds
Tariffs on Chinese goods • 25%
India's incentives for manufacturing • 25%
Labor cost advantages • 25%
Supply chain diversification • 25%
Analysis from industry experts and reports in major news outlets
Story
Apple to Double iPhone Production in India to $30 Billion, Targeting 32% of Global Output by 2027
Nov 12, 2024, 03:37 AM
Apple Inc. is poised to double its iPhone production in India to an estimated $30 billion, largely influenced by the fallout from Donald Trump's tariff hikes on Chinese goods. Currently, approximately 12-14% of iPhone production occurs in India, and the company aims to increase this figure to 32% of its global production by 2027. The move is seen as a strategic response to the escalating trade tensions between the U.S. and China, which have prompted companies to seek alternative manufacturing bases. Foxconn, a major supplier for Apple, is also expanding its operations in India, aligning with the country's semiconductor ambitions.
View original story
Similar markets
Geopolitical tensions • 25%
Supply chain diversification • 25%
Cost efficiency • 25%
Market expansion • 25%
US tariff policies • 25%
Make in India initiative • 25%
Diversification from China • 25%
Other • 25%
Less than 10% • 25%
10% to 20% • 25%
20% to 30% • 25%
More than 30% • 25%
Yes • 50%
No • 50%
Tata Electronics • 25%
Foxconn • 25%
Wistron • 25%
Other • 25%
Yes • 50%
No • 50%
Significant increase • 25%
Moderate increase • 25%
No significant change • 25%
Decrease • 25%
Indonesia • 25%
Vietnam • 25%
Thailand • 25%
Other • 25%