Apple to move iPhone assembly for U.S. market to India by 2023, aiming for 60 million units annually.

Apple is making strategic moves to shift iPhone assembly for the lucrative U.S. market to India by next year. This decision comes amidst tariff threats and geopolitical risks, prompting the tech giant to secure its supply chain. The plan is to ramp up production, aiming to manufacture over 60 million iPhones annually in India by 2026, which would be a significant increase from the current output. This shift aligns with Apple’s broader strategy to reduce dependency on China and diversify its manufacturing base. With the Indian government offering incentives to promote electronics manufacturing in the country, Apple sees an opportunity to capitalize on the favorable business environment. By moving production to India, Apple not only mitigates risks associated with China but also strengthens its presence in one of the fastest-growing smartphone markets globally. The tech company’s decision is expected to have a positive impact on the Indian economy, creating job opportunities and boosting the manufacturing sector. Stay tuned for more updates on Apple’s plans and their implications on the tech industry and India’s economic landscape.

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