Apple is in negotiations to transfer a fifth of production from China to India over the next five years. According to the Economic Times, the vast majority of production in India will be destined for the export of products.
This strategy is clearly due to the crisis generated by the COVID pandemic - 19, which has forced manufacturing companies to close their facilities indefinitely. A pandemic that, in addition, will generate a severe economic recession in the years to come.
Apple does not want this to happen again, and in order to avoid possible collateral damage in the future, the company will divide iPhone production between China and India.
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Apple will reduce its dependence on China
Currently, “only” 1. 500 millions of dollars valued in iPhone units are sold locally in India. But Apple's strategy is to manufacture iPhone valued up to 40. 000 millions of dollars in the Asian region. Which obviously means that the rest of the iPhone made in India will be distributed internationally as an export product.
Apple executives have had "numerous meetings" with members of the Hindu government in recent months to pave the foundations for the transfer of the production of the fifth of iPhone made in China. If this happens, Apple would become the most important export company in India.
According to rumors, the government of India is very interested in incentivizing technology companies to invest in the manufacture of products in their country. Its incentive programs will take effect on August 1, and Apple will begin to benefit from them starting next week.
The article Apple could move much of the iPhone manufacturing from China to India was first published on iPadizate.
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