Indian Economy News

Big boost to India after Apple confirms manufacturing top-selling iPhone 13

  • IBEF
  • April 12, 2022

In a major boost to India's vision of becoming a global manufacturing hub, Apple confirmed it had started manufacturing its top-selling iPhone 13 smartphone in India.

Apple makes some of its most modern iPhones in the country, including the iPhone 11, iPhone 12, and now the iPhone 13, in the Foxconn factory, while the iPhone SE and the iPhone 12 are produced at the Wistron factory. The new Apple iPhone 13 series has benefited from strong consumer demand for luxury devices and increased spending.

Apple's journey in India began more than two decades ago. Customers in India, among other regions, were able to purchase the iPhone 13 simultaneously with those in the United States, which was a first for the country. In September 2020, the internet giant debuted an online store in India, and it plans to create a physical store in the nation soon.

Head-Industry Intelligence Group (IIG), CMR Mr. Prabhu Ram, said that Apple's growth story in India would remain resilient despite potential headwinds because of domestic iPhone production, aggressive retail forays, and marketing initiatives.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

Partners
Loading...