New Delhi, May 24
Apple’s decision to expand iPhone manufacturing in India despite challenges shows the growing global confidence in the country's manufacturing ecosystem, BJP's Kerala unit President and former Union Minister Rajeev Chandrasekhar, has said.
By the end of 2025, about 25 per cent of all iPhones will be made in India, up from virtually zero a few years ago, when China dominated Apple’s supply chain.
“Thanks to forward-thinking policies like the Production Linked Incentive (PLI) scheme and sustained efforts by the Indian government, India is fast becoming a global hub for high-tech manufacturing,” said Chandrasekhar in a post on X social media platform.
Foxconn, a key Apple supplier, has invested Rs 12,700 crore in India, with other partners like Pegatron and Wistron also scaling up operations.
The Taiwanese electronics manufacturing major’s facility in Bengaluru is nearly ready for launch, with commercial iPhone shipments expected to begin as early as June.
“India is well on track to hit $300 billion in electronics manufacturing by 2027, with $120 billion targeted for exports,” he noted.
Just a decade ago, over 80 per cent of smartphones in India were imported, and smartphone exports were negligible.
“I’m proud to have played a part in strengthening the India-Apple partnership. This is just the beginning,” Chandrasekhar noted.