India becoming global hub of iPhone Production

by WebDesk
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India becoming global hub of iPhone Production

Heaven Mail National Bureau
Year 2022 is about to end. It was a good year for India when the country bounced back from bad year of 2021 which was marked by crushing second wave of covid. This year due to rapid vaccination drive pandemic Coronavirus was controlled to large extent. India also made rapid strides many areas one of them being becoming hub of iPhone production.
The iPhone is a line of smartphones designed and marketed by Apple Inc. These devices use Apple’s iOS mobile operating system. The first-generation iPhone was announced by then-Apple CEO Steve Jobs on January 9, 2007. Since then, Apple has annually released new iPhone models and iOS updates. As of November 1, 2018, more than 2.2 billion iPhones had been sold. As of 2022, the iPhone accounts for 15.6% of global smartphone market share.
Apple started assembling iPhones in India back in 2017, but until 2022, the Cupertino, California-headquartered tech giant was assembling older generation iPhone models in India. Apple launched the iPhone 14 models in September and the company began assembling the new iPhone 14 in the country, 10 days after the global launch of the iPhone 14 series, thus, highlighting Apple’s decreasing dependability on China, or at least an attempt to do that.
We need to bear in mind that The iPhone was the first mobile phone with multi-touch technology.Since the iPhone’s launch, it gained larger screen sizes, video-recording, waterproofing, and many accessibility features. Up to iPhone 8 and 8 Plus, iPhones had a single button on the front panel with the Touch ID fingerprint sensor. Since iPhone X, iPhone models have switched to a nearly bezel-less front screen design with Face ID facial recognition, and app switching activated by gestures. Touch ID is still used for the budget iPhone SE series.

The iPhone is one of the two largest smartphone platforms in the world alongside Android, and is a large part of the luxury market. The iPhone has generated large profits for Apple, making it one of the world’s most valuable publicly traded companies. The first-generation iPhone was described as a “revolution” for the mobile phone industry and subsequent models have also garnered praise. The iPhone has been credited with popularizing the smartphone and slate form factor, and with creating a large market for smartphone apps, or “app economy”.

India is exploring options to bring some of Apple’s iPad production to the country from China, according to two sources close to the Indian government. The tech giant is said to be holding ongoing discussions with officials. No concrete plans have been made, but if the effort is successful, it would expand Apple’s footprint in the country.

Apple announced earlier this year it had begun assembling its flagship iPhone 14 in southern India. The tech giant has been producing the older models of the iPhone in the country for a few years.

Recently, analysts at JP Morgan said that Apple will expand its local manufacturing capacity in India to produce 25 per cent of all iPhones by 2025.
As a matter of fact,About 40 per cent of India’s mobile exports so far in 2022-23 are iPhones. “Way to go! Thanks to PLI Scheme, India crossed Rs 50,000 CR export mark during Apr -Nov,2022 – up 110 per cent compared to same period last year.
The iPhone industry of India has take right steps that will ensure big boost to the technical world of India .
Main contributors are three Apple manufacturers- Foxconn, Pegatron & Wistron & Samsung. 40 per cent worth of smartphones exported from India are iPhones,” former CEO of Niti Ayog Amitabh Kant, who is also G20 Sherpa, said in a tweet.
As part of its AtmaNirbhar plan, the Government launched Production Linked Incentive (PLI) schemes in 14 sectors to make Indian manufacturers globally competitive, attract investments, enhance exports, integrate India into the global supply chain and reduce dependency on imports.
The youth of India and also other parts of the world are now going more so into the realms of iPhone making it their number one choice throughout the world , and in this regard the Government of India is taking much needed steps to ensure that India becomes the hub of global iPhone production.

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