India, May 6 -- Apple is rapidly increasing iPhone production in India to meet soaring demand from the United States, according to analysts speaking to Moneycontrol. With the June quarter already on track to deliver iPhones worth $12-14 billion from India, Apple is expected to source the majority of its US-bound iPhones from Indian factories for the first time.
Production partners Foxconn and Tata Electronics are now well-positioned to fulfil Apple's supply requirements. Analysts estimate that if current momentum continues, India could produce nearly $40 billion worth of iPhones by value in FY26, with 80% of that output intended for export to the US
"Over 11 million iPhones were sold in the April-June quarter of 2024 with an average sel...
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