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Apple Aims to Build Most iPhones for US in India by 2026
Financial Express Kochi
|April 26, 2025
APPLE IS SEEKING to import most of the iPhones it sells in the US from India by the end of next year, accelerating a shift beyond China to mitigate risks related to tariffs and geopolitical tensions.
The goal means Apple would roughly double its annual iPhone output in India to more than 80 million units, people familiar with the matter said, asking not to be identified discussing internal plans. Apple assembled just over 40 million iPhones in India in the fiscal year through March 2025. It sells more than 60 million iPhones a year in the US. The plans are the latest sign of Apple and its suppliers accelerating a pivot away from China, a process that began when harsh Covid lockdowns hurt production at its largest plant. Tariffs introduced by US President Donald Trump as well as Beijing-Washington tensions are prompting Apple to amplify that effort.
यह कहानी Financial Express Kochi के April 26, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Financial Express Kochi से और कहानियाँ
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Govt pushes green farm tools to boost food output by ’47
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Cyclone Ditwah moves toward TN & Andhra
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TCS signs deal with SAP to drive cloud, Gen AI reboot
FIVE-YEAR CONTRACT BUILDS ON PARTNERSHIP OF OVER 2 DECADES
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Airtel likely to dial up capex by 56% in FY27
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Unified portal soon to help retrieve unclaimed assets
THE FINANCE MINISTRY is working with the Reserve Bank to develop a unified portal to enable savers and retail investors to claim all unclaimed assets across asset classes such as bank deposits, pension fund, shares, and dividends, Department of Financial Services Secretary M Nagaraju said on Thursday.
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NBBL targets one billion monthly transactions
NPCI BHARAT BILLPAY'S (NBBL) platform aims to process 1 billion transaction per month over the next three years, said Noopur Chaturvedi, MD & CEO of NBBL, a wholly owned subsidiary of the National Payments Corporation of India.
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Financial Express Kochi
Meesho to raise up to ₹5,400 crore through IPO
INDIAN E-COMMERCE PLATFORM Meesho will raise up to %5,400 crore through an initial public offering that will open on December 3, sources said.
1 min
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Financial Express Kochi
Benchmarks touch lifetime highs
ACCORDING TO Aashish P Sommaiyaa, ED & CEO of WhiteOak Capital AMC, while domestic flows are sustainable, FPI outflows are abating and there are early signs of change.
1 mins
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Financial Express Kochi
Private telcos flag gaps in DPDP Rules
THE CELLULAR OPERATORS Association of India (COAI), which represents the three private telcos in the country, has said that several areas in the Digital Personal Data Protection (DPDP) Rules, 2025 require clearer articulation to support smoother and industry-aligned compliance.
1 min
November 28, 2025
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