New Delhi, May 26 -- India continues to present the most economically viable option for Apple's iPhone manufacturing operations outside China, according to BVR Subrahmanyam, Chief Executive Officer, NITI Aayog.
Following the 10th Governing Council meeting of India's policy think tank, Subrahmanyam emphasised that the country's established manufacturing ecosystem and competitive cost structure provide significant advantages over alternative locations amid evolving global trade dynamics.
The comments come as Apple faces mounting pressure regarding its manufacturing strategy, particularly in light of proposed US tariffs on Chinese imports under President Donald Trump's trade policies.
While India currently benefits from lower tariff rates...
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