Apple to make iPhone Pro models in India this year

Apple is working on a new iPhone production supply chain for the global market and wants to increase manufacturing shares from India with upcoming iPhone 16 Pro models.

The company will produce its expensive iPhone 16 Pro and Pro Max in India for the first time. It will be a major boost for the country’s manufacturing segment reports Bloomberg.

Apple has partnered with Foxconn as a supplier and has invested more than $1.4 billion to assemble iPhones in the country.

The Cupertino-based tech firm has used its production capacity to make standard iPhones. This move follows tax relaxation and incentives from the Indian government under the “Make in India” initiative to attract foreign investment in the manufacturing sector.

Apple has been indulged in conversation with the Indian government to step up its efforts by producing devices locally. Still, the iPhone maker heavily relies on China to make most of its devices. However, the company is diversifying its supply chain based on the recent growth in the Indian market.

Apple’s India operations have exceeded $23 billion in value for the fiscal year 2024. The company collected $8 billion in revenue from the market last fiscal year.

It has assembled $14 billion of iPhones in the country through March 2024, accounting for 14% of its global exports. The changes also follow a slowing sales in China while maintaining substantial numbers.

Foxconn on the other hand is looking for more momentum in India and discussing further investment in the states of Tamil Nadu, Karnataka, and Telangana. However, Apple is likely to go with Pegatron and Tata Group India to produce the high-end models.

These two new variants will bring better specifications including batteries, cameras, and titanium design. The iPhone 16 series is expected to unveil in September, followed by its sale.