Apple Finds India as Home
Apple’s supply chain is expanding to India, with Taiwanese suppliers Wistron, Foxconn, and Pegatron establishing factories in the country to manufacture iPhones.
It is expected that India will have 6% of iPhone manufacturing capacity by 2022, and this could increase to 25% by 2025. The expansion of Apple’s supply chain to India is driven in part by trade tensions between China and the US, as well as supply chain disruptions caused by the COVID-19 pandemic. India has also offered production-linked incentives to attract companies to set up factories in the country and produce products for the premium market costing over INR 15,000 (about $180). However, India is not yet capable of producing key components for smartphones, such as finished circuit boards, and currently only adds about 14% of the value of an average smartphone.
