According to a report by Business Standard, Apple is planning to start iPhone 12 production in India. In the past few years, Apple has been quite successful in India in terms of marketing. Apple sold a record number of devices last year with its annual sales volume exceeding 3.2 million, a humongous 60% growth over the previous year.
In order to avoid paying the hefty import duty, Apple already assembles the iPhone XR, iPhone 11, and the iPhone SE 2020 in the country. Apple plans to shift approximately 7-10 % of its production capacity from China to India, Business Standard reports.
At a time when the government is aiming to boost local production as a part of its “Make in India” initiative, Apple is trying to establish a stronghold in the Indian market by shifting its production units in India.
Apple is expected to make use of its Hon Hai Precision Industry (Foxconn) facility based in Chennai, Tamil Nadu to manufacture the iPhone 12. This is the same facility that started producing the iPhone 11 in 2020.
As per the sources, Apple has not made an official statement yet, and thus, the decision remains pending. Earlier there were reports of Apple starting iPad production in India and having a dialogue with the government of India regarding the matter.
Production of the iPhone 12 in India could significantly bring down its price considering the fact that Apple would not have to pay the import duty anymore.