Apple vendors cross 20% value addition in India

Samsung, Padget Electronics also cross similar threshold

- AASHISH ARYAN

Apple India's iPhone contract manufacturers, such as Tata Electronics, Wistron Infocomm Manufacturing, Pegatron Technology India, and Foxconn Hon Hai India, have crossed the 20 per cent domestic value addition (DVA) threshold across variants, according to official government documents seen by Business Standard.

This assumes significance as the Cupertino-headquartered major exported iPhones worth ₹1.5 trillion (free on board value) from India in FY25, recording a 76 per cent rise from the previous year.

Apple CEO Tim Cook had at a recent earnings call said that a majority of the iPhones sold in the United States in the June quarter would be made in India, prompting US President Donald Trump to take a stand that only locally made Apple devices can be sold in America.

In China, where a majority of Apple product assembly takes place currently, especially iPhones, the domestic value addition is estimated by analysts at 30 to 35 per cent. For Vietnam, another important assembly hub for Apple for products such as iPad, AirPod and watches, the value addition is supposed to be in the range of 20 to 25 per cent. Official value-add figures are not available for these countries.

Samsung India and Padget Electronics (a wholly owned subsidiary of Dixon) have also crossed the 20 per cent DVA mark for mobile phones manufactured in the country, the documents showed.