With Apple suppliers’ strong investment in India’s iPhone, its output achieved rapid rise in 2023.According to statistics, the total value of Apple suppliers in the iPhone produced in India has exceeded 1 trillion Indian rupees ($ 12 billion in contracts), of which the outlet is valued at 650 billion Indian rupees at the FOB.Based on this estimation, the output value of India’s iPhone is expected to reach 1.5 trillion to 1.7 trillion Indian rupees in 2023.An anonymous official said that Apple had successfully fulfilled India’s promise to create the second home of the iPhone and is actively promoting its industrial chain layout in the country.
According to the financial report released by Apple, its global sales of iPhone have a total of US $ 2005.83 billion, compared with 1.5 trillion to 1.7 trillion India rupees, which is precisely 9.6%of India’s iPhone’s global sales of Apple mobile phones.Apple plans to produce 50 million iPhones in India by 2030, accounting for a global iPhone ratio or nearly 25%.In order to achieve this goal, Apple is actively looking for new suppliers, and encourages collaborative partners including Foxconn and Heshuo to increase the scale of investment in India.Surat Investment
In addition, Tata Electronics and Hedo successively signed a memorandum of investing in investment with the Tymir Nadang government.Among them, Hutchong Company has announced that it will start leased land in the country on January 8th and start the construction of a new plant.As a neighboring state, Karnatcard has also approved the value of Foxconn’s value of 139.11 billion Indian rupees, further expanding its local business territory.Apple Glass supplier Corning also plans to set up its first Indian manufacturing base in Tamil Nade.Guoabong Wealth Management
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