Made In India iPhones Just Got Real! Could Hit The Stores As Early As June
Apple will be the only third country in the world to assemble iPhones after US and China. Local manufacturing is expected to help Apple price its phones more competitively in India as it currently attracts 125 per cent additional duty on imports.
In a major boost to Prime Minister Narendra Modi's 'Make in India' initiative, Apple is all set to begin manufacturing iPhones in India.
Reuters
The Cupertino-based tech giant has signed will soon be assembling its handsets in the company's Bengaluru unit. According to a Karnataka government release welcoming the Apple's decision, the move, "Will foster cutting edge technology ecosystem and supply chain development in the state, which is critical for India to compete globally."
Reuters
Taiwanese company Wistron, an original equipment manufacturer (OEM) of Apple, will make the iPhones out of its facility in Bengaluru's industrial hub of Peenya.
This would be Apple¡¯s second big project for Bengaluru. In May, Apple had announced setting up a design and development accelerator in the city to grow the iOS developer community.
Reuters
India will be the only third country in the world to assemble iPhones, after Apple's home turf US and China. Local manufacturing is expected to help Apple price its phones more competitively in India as it currently attracts 12.5 per cent additional duty on imports.
Bobins Abraham is the Assistant News Editor at Indiatimes. He has more than twelve years of experience in TV and digital journalism. An avid student of history and geopolitics, he is a conservationist and environmentalist at heart. He writes on environment, sustainability, human-animal conflict and more.
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