Apple’s iPhone 16 series, produced in India, will hit global markets within days of its sales launch, as reported by The Economic Times. This marks a significant milestone for India’s growing manufacturing sector under the Make-in-India initiative. For the first time, a globally launched product made in India will be distributed worldwide quickly.
Key Takeaways:
- The iPhone 16 series, made in India, will be available globally soon after its launch.
- This marks India’s growing importance in Apple’s global production strategy.
- India currently produces 14% of Apple’s global iPhones, aiming to reach 25% by 2025.
- Apple’s contract manufacturers produced iPhones worth ₹1.20 trillion in FY24, with exports valued at ₹85,000 crore.
The iPhone 16 series is set to be unveiled on Monday, with global sales expected to begin 10-12 days later. Apple’s primary contract manufacturer Foxconn has already begun production in India. The iPhone 16 Pro and Pro Max models will also be exported from India for the first time. The iPhone 16 is one of Apple’s most advanced devices, incorporating cutting-edge AI features.
India’s Growing Role in iPhone Manufacturing
This shift highlights Apple’s strategy to diversify its manufacturing base, especially amid rising geopolitical tensions between the U.S. and China. India’s role in global iPhone production has grown rapidly. In 2021, India-made iPhone 13 models reached global markets a few months post-launch. By 2022, the iPhone 14 production gap was reduced to just two weeks. Last year, simultaneous production of the iPhone 15 in India and China was achieved, though India-made models were initially sold only locally.
Currently, India contributes around 14% of Apple’s global production, up from 7% last year, according to the Economic Survey. Apple plans to shift 25% of its iPhone production to India by 2025, reducing reliance on China.
iPhones Manufactured in India Worth ₹1.20 Trillion in FY24
Apple’s manufacturing partners—Foxconn Hon Hai, Pegatron, and Wistron (now owned by Tata Group)—produced iPhones worth ₹1.20 trillion in India during the fiscal year ending March 2024, with exports valued at ₹85,000 crore. This year, Apple’s Made-in-India iPhone 16 series will be available in several countries just days after the retail launch on September 10.
Apple remains a leading mobile phone exporter from India and is a major participant in the government’s Production-Linked Incentive (PLI) scheme. The initiative aims to boost local manufacturing and increase exports.
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