‘Apple to source and produce all iPhones for US in India’: Jyotiraditya Scindia pitches India as a good investment destination

Union telecom minister Jyotiraditya Scindia on Tuesday mentioned that investing in India right now is a good financial transfer for all unique tools producers (OEMs). Speaking on the Bharat Telecom occasion, he pointed to Apple as an instance, highlighting the US tech big’s choice to manufacture many of the iPhones offered in the US from India.
The minister mentioned, “Apple has decided to source and produce all its mobile phones in India in the years to come.” Scindia additionally emphasised that such investments in India should not simply pushed by goodwill however can also be economically sound for each OEM.
He additional added that whereas investing in India, “you’re selecting affordability, you’re selecting reliability, you’re selecting originality.”
During Apple’s latest earnings name, CEO Tim Cook introduced that almost all of iPhones offered in the US in the June quarter will likely be sourced from India. Meanwhile, China will proceed to manufacture many of the gadgets for different world markets, as the corporate grapples with ongoing uncertainty round tax tariffs.
Minister of state for telecommunications Chandra Sekhar Pemmasani additionally famous India’s transformation, from a main importer of cell phones in 2014 to a main producer and exporter. Back in 2014, India produced 60 lakh cell phones and imported 21 crore items. By 2024, manufacturing had surged to 33 crore items, with exports reaching 5 crore.
He highlighted India’s rising contribution to Apple’s world provide chain, saying that 15% of the world’s iPhones are actually made in India. According to advertising and marketing analysis agency IDC, Apple shipped 23.21 crore iPhones globally.
Pemmasani additional appreciated the developments in India’s semiconductor mission, which is essential for establishing the nation as a world hub for electronics, system design, and manufacturing. The improvement of semiconductor fabrication crops inside India was described as a milestone in attaining technological self-reliance.