: Apple now manufacturing iPhone 14 in India #IndiaNEWS #Business New Delhi: Apples newest phone iPhone 14 will be made in India as the global tech titan bets big on the manufacturing prowess of the

Apple now manufacturing iPhone 14 in India #IndiaNEWS #Business
New Delhi: Apples newest phone iPhone 14 will be made in India as the global tech titan bets big on the manufacturing prowess of the worlds second-biggest smartphone market after China.
Cupertino, California-headquartered Apple started manufacturing iPhones in India in 2017 with iPhone SE. Today, Apple manufactures some of its most advanced iPhones in the country including iPhone SE, iPhone 12, iPhone 13 and, now, iPhone 14.
Earlier this month, Apple Inc unveiled its latest iPhone series the iPhone 14 models with an improved camera, powerful sensors and satellite messaging feature to send SOS texts in emergencies. The new lineup has four models: iPhone 14, Plus, Pro and ProMax.
According to sources, the Made-in-India iPhone 14 will begin to reach local customers in the next few days. Phones manufactured in India will be both for the Indian market and exports.
The iPhone 14 will be shipped from Foxconns Sriperumbudur facility on the outskirts of Chennai. Foxconn is the worlds largest contract electronics manufacturer and major iPhone assembler.
When contacted, Apple in a statement to PTI said: Were excited to be manufacturing iPhone 14 in India. “The new iPhone 14 lineup introduces groundbreaking new technologies and important safety capabilities, it said.
The iPhone 14 was launched on September 7, 2022, and is available to customers in India simultaneously with the US, among other markets, since September 16, 2022.
The iconic brand has a long-standing history in India that started more than 20 years ago. Apple launched its online store in the country in September 2020 and is set to deepen its commitment with the upcoming launch of Apple retail store.
The recent manufacturing expansion builds on several Apple initiatives in the country, including App Design and Development Accelerator in Bengaluru and programmes with local organisations to support renewable energy training and development for communities.
Indias vibrant market is turning out to be the sweetspot for the US tech giant, as the company reported a near doubling of revenue in the country in the quarter ended June 2022.
Apple CEO Tim Cook, during earnings call in July had said: We set June quarter records in the Americas, in Europe and the rest of the Asia Pacific region. We also saw June quarter revenue records in both developed and emerging markets, with very strong double-digit growth in Brazil, Indonesia and Vietnam and a near doubling of revenue in India. A recent report by JP Morgan on `Apple Supply Chain relocation predicted that Apple is likely to move about 5 per cent of iPhone 14 production to India from late 2022 and reach 25 per cent by 2025.
It is also forecast that nearly 25 per cent of all Apple products, will be manufactured outside China by 2025 as compared to five per cent at present.

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