According to reports, India will serve as the location for Apple to produce the next iPhone 15 and iPhone 15 Plus. The Tata Group, a large Indian conglomerate, is said to have acquired production lines from Wistron, a Taiwanese electronics manufacturer, to facilitate the production of the devices. This move is seen as part of Apple’s broader strategy to reduce its reliance on Chinese manufacturing and expand its operations in India. According to reports, Tata Group will use the production lines it has acquired from Wistron to manufacture the iPhone 15 and iPhone 15 Plus in its facilities in Tamil Nadu and Karnataka. The company will reportedly invest around $1.2 billion to set up the production lines and manufacture the devices.
The company has been assembling some of its devices in the country since 2017 to take advantage of the Indian government’s Make in India initiative, which offers tax incentives to companies that manufacture their products locally. By manufacturing its devices in India, Apple can also avoid high import duties that are levied on devices that are imported into the country. Apple’s decision to manufacture the iPhone 15 and iPhone 15 Plus in India is seen as part of its broader strategy to reduce its dependence on Chinese manufacturing. The company has been facing increasing scrutiny in recent years over its reliance on Chinese manufacturing, particularly in light of the geopolitical tensions between China and the US.
Manufacturing its devices in India could also help Apple to tap into the country’s growing smartphone market. By manufacturing its devices locally, Apple can make its products more affordable to Indian consumers, who are price-sensitive. The move is also seen as a significant development for India’s manufacturing sector, which has been struggling to attract investment in recent years. India has been trying to position itself as a global manufacturing hub, but it has been facing stiff competition from other countries like Vietnam and Indonesia, which offer lower labor costs and better infrastructure.