Thiruvananthapuram, May 23 -- Apple's decision to expand iPhone manufacturing in India despite challenges shows the growing global confidence in India's manufacturing ecosystem, Kerala BJP President Rajeev Chandrasekhar said on Friday.
Praising forward-thinking policies like the Production Linked Incentive (PLI) scheme and sustained efforts by the Indian Government, he said India is fast becoming a global hub for high-tech manufacturing.
"Just a decade ago, over 80% of smartphones in India were imported, and smartphone exports were negligible,"
"By the end of 2025, about 25% of all iPhones will be made in India, up from virtually zero a few years ago, when China dominated Apple's supply chain."
"Foxconn, a key Apple supplier, has inve...