In FY23, iPhone had become the first single brand to cross the $5-billion export mark from India. This year, Apple has registered a 185% year-on-year growth in exports in the first seven months. During April-October last year, it had exported Rs 14,000 crore worth of iPhones.
Apple is looking to move away from China, now centering the iPhone production at India. The massive move from Apple is now underway, as the iPhone production is centering over India, receiving a $7 billion budget for its operations to assemble the smartphone.
Some of the first owners of Apple Inc.'s iPhone 15 Pro and Pro Max are complaining that the new devices get too hot during use or while charging, a potential setback for the company's flagship product.
To recall, Wistron started to manufacture iPhones in India around 5 years ago with iPhone SE 2. Currently, the tech giant manufactures iPhone SE, iPhone 12, iPhone 13, iPhone 14 in India.
Currently, iPhones are assembled in India by at least three of Apple s global suppliers - Foxconn and Pegatron in Tamil Nadu, and Wistron in Karnataka.