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Apple is accelerating its manufacturing layout in India. According to Bloomberg, the iPhone output value of Apple in India in the last fiscal year reached an amazing $ 14 billion, which was over the previous year.At present, India has produced approximately 14%of Apple's global iPhone, which accounts for about one -7th of its global output, showing that India's importance in Apple's global supply chain is increasing.In India, Foxconn Technology and Harmony have become the main iPhone assembly, accounting for nearly 67%and about 17%of the assembly share, respectively.In addition, Tata Group also started to get involved in the iPhone's assembly business after taking over the factory of the Weichin Group in the Kanatak Pradesh in southern India. The factory created the remaining Indian iPhone last year.Surat Investment

With the increasing iPhone output of "India", Apple plans to increase this number five times in the next five years.To this end, Foxconn has plans to invest at least $ 1 billion in its factory in India to further strengthen the assembly industrial chain and expand its production capacity; it is expected that Foxconn will also allocate about $ 2.7 billion to the Indian factory to strengthen Indian assembly to assembly Indian assemblyIndustrial chain and expand iPhone production capacity.Hyderabad Wealth Management

Apple's investment in the Indian market is starting to show results.According to the Morgan Stanley report, Apple's revenue in India in 2023 increased by 42%year -on -year to $ 8.7 billion, and the iPhone's shipments also increased by 39%year -on -year to 9.2 million units, making India become Apple's first.Five major smartphone markets.Analysts predict that if this growth trend will continue, by 2027, India may even surpass India and become a larger iPhone market.

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