Apple's Shift to India Signals Potential Rivalry with China

Apple is making significant moves in India to tap into its fast-growing economy and reduce reliance on China. Reports suggest that Tata Group plans to build an iPhone plant with 20 assembly lines and 50,000 employees in southern India, while Apple aims to manufacture iPhone 16 batteries in the country. These developments come after Apple recorded record sales in India, with CEO Tim Cook describing it as an "incredibly exciting market." Other major companies, including Google, Microsoft, Amazon, and Honeywell, are also eyeing India as a key growth market. The comparison between India and China in terms of demographics, purchasing power, and economic growth highlights the potential of India as the next big opportunity.