Apple India produces $22 billion of iPhones in a shift from China

TDT | agencies

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Apple Inc. assembled $22 billion worth of iPhones in India in the 12 months ended March, increasing production by nearly 60% over the previous year in a sign of continued diversification away from China.

The Cupertino, California-headquartered company now makes 20%, or one in five, of its prized iPhones in the South Asian country, according to people familiar with the matter who asked not to be identified as the information isn’t public. The dollar figure represents the devices’ estimated factory gate value, rather than the marked-up retail price.

The ramp-up suggests the iPhone maker and its suppliers are accelerating a pivot to India from China, a process it began when harsh Covid lockdowns hurt production at Apple’s largest plant. The bulk of India-made iPhones are assembled at Foxconn Technology Group’s factory in southern India. Tata Group’s electronics manufacturing arm, which bought Wistron Corp. and controls Pegatron Corp.’s operations, is also a key supplier.

Apple did not respond to a request for comment outside of regular business hours. Of the total India production, Apple exported 1.5 trillion rupees ($17.4 billion) in iPhones from the region in the fiscal year through March 2025, the nation’s technology minister said on April 8.