Reported 29 days ago
Apple has significantly increased its iPhone exports from India to nearly $6 billion in the past six months, marking a 33% rise as the company seeks to reduce its dependence on China. The manufacturing expansion in India is fueled by local subsidies and a skilled workforce, reflecting Apple's strategy to diversify its supply chain amid rising tensions with Beijing. While Apple still holds a minor share of India's smartphone market, its manufacturing efforts are set to escalate, with aims to boost annual revenues in the rapidly growing Indian market.
Source: YAHOO