iPhone 16 series launchedImage credit source: Apple Inc.
Pal Inc. has launched the new version of its flagship iPhone smartphone, the iPhone 16 series. Its manufacturing will soon begin in India as well. Earlier, the iPhone 14 and 15 series phones were also manufactured in India. But do you know how Apple’s iPhone manufacturing in India, initiated under the ‘Make in India’ initiative, is changing the country’s manufacturing sector? Let us understand…
Apple’s iPhone manufacturing has opened the doors for many big companies in the world to start manufacturing in India, because it has increased the confidence of those companies in manufacturing in India. Now India not only manufactures all the phones used in the country itself. In fact, it also exports phones in large quantities. Apple has also gained the benefit of manufacturing in India, because it has reduced its dependence on China.
Mobile phone export from India.
India is currently exporting electronics on a large scale. In this area, too, the maximum growth has been in the mobile phone segment. India’s exports to the US amounted to $2.2 billion in the financial year 2022-23, and increased to $5.7 billion in 2023-24. Apple will source 14 percent of the total iPhones sold in the world in 2023-24 from India. Due to this, India’s global ranking in electronics exports improved to fourth place.
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The iPhone 16 made in India will be available worldwide
This will be the first time that with the launch of the new iPhone, the iPhone 16 series phones made in India will be available for sale across the world. According to a report by ET, the ‘Made in India’ iPhones will be available across the world within 10 to 12 days immediately after the launch of the iPhone 16 series. Foxconn has started manufacturing iPhone 16 series phones in India.
According to a report by JP Morgan, Apple plans to shift 25 percent of its iPhone production to India by 2025. Globally, iPhone is manufactured only in China and India. Over the past 4 years, iPhone has continuously increased the availability of iPhones manufactured in India globally.
Pro models of iPhone will be manufactured for the first time
This year, the iPhone will mark another new milestone for India’s manufacturing sector. The company will also manufacture its most expensive iPhone, i.e. the iPhone 16 Pro and Pro Max models in India. Foxconn Technology Group has started working in this direction. While the joint venture of Tata Group and Pegatron Corp will also start manufacturing Pro models soon.
