Apple's Strategic Move to Diversify Supply Chain

In a significant shift, Apple Inc. is planning to manufacture all iPhones destined for the US market in India by 2026, as reported by the Financial Times. This move is part of Apple's broader strategy to reduce its reliance on China amidst ongoing tensions between Washington and Beijing.

Impact on Production Volume

Should this plan come to fruition, India could see the production of over 60 million iPhones annually, marking a pivotal moment in the tech giant's supply chain diversification efforts.