Reported 2 days ago
President Trump's recently imposed 25% tariffs on Indian goods are unlikely to derail Apple's plans for iPhone manufacturing in India, according to analysts. India has become crucial for Apple's strategy to diversify production away from China, supplying a significant portion of iPhones to the U.S. market. Despite potential increased costs for U.S. consumers, factors like lower local expenses, government incentives, and rising component availability ensure that manufacturing in India remains competitive.
Source: YAHOO