Apple's Global Expansion: Manufacturing iPhones in India and Vietnam
Apple is planning to increase its iPhone production in India, aiming to make the country a pivotal hub in its supply chain. In collaboration with its main supplier Foxconn, Apple and its suppliers plan to build more than 50 million iPhones in India annually within the next two to three years. This move reflects Apple's efforts to diversify its supply chain and reduce its dependence on China. India's large consumer market and strategic advantages make it an attractive location for Apple's expansion. The move could boost Apple's global competitiveness, market share, and create job opportunities. However, there may be hurdles such as regulatory uncertainty and infrastructure bottlenecks in India.
