News: Apple iPhone 15 production starts in India

Business

Apple iPhone 15 production starts in India

Delivery of the iPhones produced in India will start weeks after shipping starts from factories in China.
Apple iPhone 15 production starts in India

Apple supplier Foxconn has started production of the iPhone 15 at its Tamil Nadu plant. This move is part of the company’s effort to diversify its supply chain away from China in view of the increasing uncertainty in trade due to tensions between Washington and Beijing

According to Bloomberg, delivery of the devices produced in India will start weeks after shipping starts from factories in China. In the last fiscal year, Foxconn produced 7% of its iPhones in India. Apple has been trying to increase the volume of iPhone production in India.

Apple CEO Tim Cook visited India and inaugurated two retail stores in Delhi and Mumbai in April this year. During his meeting with Prime Minister Narendra Modi, he said that the company is looking to increase its investment in the country. 

In India, Foxconn, Pegatron Corp and Wistron are three suppliers who have set up their units to produce iPhone. 

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Topics: Business

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