iPhone 14 in India

Apple Inc. revealed on Monday that it will make the newest iPhone 14 in India as the tech giant moves some of its manufacturing out of China. Since 2017, Apple has been producing iPhones in India, however often they were older models. Apple recently introduced the newest iPhone 14 model in its collection.

The device is being produced in the Sriperumbudur factory near Chennai by the company’s international partner Foxconn. Apple will sell phones made in India both domestically and internationally. In the next few days, users in India will start receiving the iPhones manufactured locally.

Apple continues to produce the majority of its iPhones primarily in China. Even while the majority of the world works to open its communities, Beijing has continued to use the tactic of lockdowns to quell Covid revivals. Production has been halted at facilities across China due to lockdowns caused by the zero-Covid policy, and certain possible weak links in Apple’s supply chain have been revealed.

Apple has been working to increase revenues in India, the second largest smartphone marketplace in the world, in the interim. According to Counterpoint Research, Apple only held a 3.8% market share in the country last year while cheaper rivals like Samsung and China’s Xiaomi continued to rule.

However, in the second quarter, Apple was the best top seller in the ultra-premium( phones over Rs. 45000) category. That’s because its iPhone 13 devices from the previous generation had good sales.

By 2025, according to analysts, Apple will gradually reduce its dependence on China, where it has been manufacturing the large bulk of its gadgets for more than a decade, and develop India into a worldwide hub for iPhone production.

According to research released earlier this month by JP Morgan analysts, Apple would increase its production capabilities in India to manufacture 25% of all its iPhones by 2025 and relocate 5% of worldwide iPhone 14 production there by late 2022. In recent years, India has drawn investments from Apple’s production partners Wistron and Foxconn by providing generous subsidies as Delhi works to establish the nation as a manufacturing hub.

JP Morgan analysts claim that India is a suitable location due to the presence of global production giants as well as “ample labor resources and competitive labor prices.”

As its capacity for domestic production of iPhone 14 in India grows, many people would anticipate a decrease in the price of Apple’s mobile devices there. The standard iPhone 14 model costs Rs. 79,900 which is equivalent to $799 in the United States. The entry-level iPhone Pro Max has a retail price of $1,099 in the United States, but it costs $1,717 in India.

Apple has boosted its investment in India during the past five years, despite the fact that it only has a small share of the country’s market. It introduced the country’s online Apple Store two years ago, and it has since announced that it’s working on the inauguration of the first-ever physical Apple Store in the nation.

Samsung, a rival to Apple, has already established one of its largest plants in India and views it as a crucial global manufacturing base. The market leader in smartphones, Xiaomi from China, as well as rivals Oppo, Vivo, and OnePlus all, assemble some of their products locally.

The Information recently reported that Google also plans to move some of the manufacturing of its Pixel products to India. The business announced last week that it would introduce the next Pixel 7 devices in India after forgoing shipping flagship models there for two generations.

Apple’s emphasis on production in India demonstrates the tech giant’s intention to spread production outside of China and grow its client base in India, which is currently a minor market for the business.