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Kanpur Stock:Originally could not open the "Made in India", Apple announced that it has increased local investment. Netizens: You can only buy Huawei!

Time:2024-10-29 Read:17 Comment:0 Author:Admin88

Originally could not open the "Made in India", Apple announced that it has increased local investment. Netizens: You can only buy Huawei!

In the past two years, Apple has increased its support for OEM in the Indian market, hoping to reduce dependence on the Indian market, and look back at the effect.According to the latest report, Apple assembled $ 14 billion in iPhone in India last year. The output doubled data at the same time is still growing. We cannot avoid "manufacturing in India."

According to the Latest report of Bloomberg, India's assembly iPhone in 2023 is worth approximately US $ 14 billion (about 101.3 billion yuan), which is equivalent to one -seventh of the iPhone's global total output.In other words, every 7 iPhone sold in the world, one of which is assembled and produced from India. Apple has created 150,000 direct employment opportunities for India, which has obvious effects on the local economic driving.

There may be a lot of friends who are worried about, will the Apple mobile phone we buy will be "made in India"?In fact, Apple issued a statement last October that India ’s production mobile phones mainly meet local needs, and some of them will flow to the international market but do not include India.At present, the domestic iPhone is mainly produced by Foxconn and other factories in Zhengzhou, Henan. Most of them do not have to worry about the establishment of domestic assembly and manufacturing, but sooner or later the "Indian manufacturing" will come.

India is Apple's largest emerging market in the world. Cook more than once shows that attach importance to the Indian market is no less than that of India. Therefore, it will increase its efforts to support the Indian market and ask Foxconn and other supply chains to expand the scale of production in the local area.According to industry estimates, India will be responsible for the production of one -quarter iPhone in 2027, as soon as 2027, and the future proportion may be expanded to about 50%. Apple attaches great importance to India.

On the one hand, Apple increases the proportion of Indian capacity, and on the other hand, it is still supporting the local supply chain. The latest news shows that Apple has launched a business negotiation with the company of India Mulukapa Group and Tata Group, hoping to provide the iPhone's required camera module component.This is the first time that Apple hopes that the Indian market will provide related components. In the past, suppliers mainly came from India (including Taiwan, including Taiwan), Japan, and South Korea. Now India is not as important as Apple as above.

Why does Apple strongly support the Indian market?There are two main reasons.The first is the advantage of human costs. The cost of Indian workers and sovereignty is much lower than in the Indian region. Although many workers need to re -train and skilled their business, the overall cost is still much lower than that in India, which can help Apple earn more profits.On the other hand, it is necessary to remove risksKanpur Stock. Apple does not want to rely too much on any region in the world, that is, it does not want to put "eggs in the same basket" to prevent special circumstances from destroying business.Kanpur Investment

However, no matter what reason, it is indisputable to reduce the proportion of India's market in India and support India.Many domestic netizens have evaluated that since they cannot avoid "Indian manufacturing" in the future, it is better to support more domestic brands. Instead of buying iPhone, it is better to buy Huawei mobile phones. At least we can determine that the supply chain and manufacturing of Huawei mobile phones are in China.

Little friends, what do you think of Apple strongly supported the Indian market to produce iPhone?


Ahmedabad Wealth Management

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