New Delhi, May 16 -- As speculation brews over Apple potentially moving its iPhone assembly from India to the United States, experts warn that the tech giant may have more to lose than the South Asian nation. According to a report by Ajay Srivastava, founder of the Global Trade Research Initiative (GTRI), such a decision could dent Apple's profit margins substantially while offering India an opportunity to shift focus towards deeper and more advanced manufacturing.

Currently, Apple assembles around 15 per cent of its iPhones in India, with the rest still being produced in China. While the Indian contribution might appear small, the debate is heating up, especially amidst political undertones linked to former US President Donald Trump's p...