India, May 26 -- India remains the most viable and cost-effective option for Apple to manufacture iPhones outside China, according to BVR Subrahmanyam, CEO of Niti Aayog. Speaking after the 10th Governing Council meeting of the policy think tank, Subrahmanyam said India's favourable manufacturing ecosystem and lower costs give it an edge over other countries, even in the face of shifting geopolitical pressures.

"What the tariff will be, is uncertain. Given the dynamics, we will be a cheap place to manufacture," Subrahmanyam told reporters, reinforcing India's pitch as a global electronics hub. His comments follow growing speculation that Apple could move more of its production to India, especially for devices destined for the US market....