In what could be a defining shift in global manufacturing trends, Apple is reportedly moving investments worth a staggering ₹1.9 trillion (or nearly $23 billion) to India — metaphorically, “in sacks full of cash.” This monumental move comes as Apple continues to diversify its supply chain away from China, signaling a major win for India’s ‘Make in India’ initiative. With rising geopolitical tensions and production risks in China, India is quickly emerging as a preferred alternative, offering a mix of skilled labor, favorable policies, and a growing tech ecosystem. As Apple deepens its presence with major iPhone manufacturing units and component suppliers setting up shop in Indian states, speculations rise — is the long-standing prediction about India becoming the next global manufacturing powerhouse finally turning into reality? Meanwhile, this bold shift is sending strong ripples through China’s industrial base, raising concerns about its diminishing dominance in global electronics manufacturing.
Apple Bets Big on India: Plans $19 Billion Investment, China Left Anxious
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- “Apple India $19 billion investment”
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What’s Happening?
- Apple is set to invest ₹1.9 lakh crore (~$19 billion) in India to ramp up iPhone production.
- New manufacturing plants in Tamil Nadu & Karnataka will create thousands of jobs.
- The move aligns with Apple’s “China+1” strategy to reduce reliance on Chinese factories.
China Loses, India Gains
- iPhone exports from India hit 5billioninFY23∗∗,targeting∗∗10+ billion by 2024.
- Key suppliers like Foxconn, Wistron & Pegatron are expanding rapidly in India.
- China could lose 25% of Apple’s production share as India & Vietnam emerge as alternatives.
Will This Prediction Come True?
- Morgan Stanley forecasted: “India will make 25% of iPhones by 2025” (currently ~10-12%).
- India is on track to become Apple’s second-largest global hub after China.
What’s Next?
- Apple may expand into 5G, semiconductors, and EVs under India’s PLI scheme.
- The Indian government’s incentives are attracting more tech giants to “Make in India.”
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