In a bid to reduce its reliance on China as a base for operations, Apple could be planning to produce up to $40 billion worth of smartphones in India through contract manufacturers Wistron and Foxconn, reports The Indian Economic Times.

apple india

Several meetings between Apple's senior executives and top ranking government officials over the last few months have paved the way for the iPhone maker examining the possibility of shifting nearly a fifth of its production capacity from China to India and scaling up its local manufacturing revenues, through its contract manufacturers, to around $40 billion over the next five years, say officials familiar with the matter.

A senior government official told ET the decision is being linked to India's production-linked incentive (PLI) scheme, which was introduced to boost local manufacturing of electrical products, particularly smartphones.

A company must manufacture at least $10 billion worth of mobile phones in a phased manner between 2020 and 2025 to benefit from the PLI scheme and are required to meet target on a yearly basis.

Currently, Apple sells $1.5 billion of phones in India, but less than $0.5 billion of those are locally manufactured. In contrast, in 2018-2019 Apple produced $220 billion worth of products in China.

According to ET, government officials are willing to look into concerns that Apple hs with the PLI scheme, including how it values plant and machinery already in use in China, and the extent of the business information required under the scheme.

Note: Due to the political or social nature of the discussion regarding this topic, the discussion thread is located in our Political News forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.

Tags: China, India

Top Rated Comments

clayj Avatar
12 months ago
Really wish they would move more of it back to America, even if it means prices have to go up.

And I really wish they'd move ALL of it out of China.
Score: 32 Votes (Like | Disagree)
PinkyMacGodess Avatar
12 months ago

Oddly missing from this logic, is clearly basic business sense, you have never owned a business have you?
You work for someone don’t you?
and you always have, so you don’t know any better, I get it...

Do you understand what China has done to the world recently?
I ran a computer company for over 40 years. You want to lecture me on 'business'?

It's funny, I remember when 'business' meant helping your employees to have a better life. Employers cared about the people they employed. When a business announced massive layoffs, their stock took a hit. Back then, that meant the company was struggling, back then it meant that the end could be near. Then something changed. I remember watching CNBC, and major corporations announced massive job cuts, and their stock went up. Investors knew those jobs were going to China, or elsewhere, and the corporation would start reaping higher profits. The products didn't get better, the production of them got drastically cheaper. To go from a high labor cost to an almost literally zero labor cost is why these corporations were making huge profits, and the investor class lined up at the capital gains trough. My company used to sell to the residential market, and that ended. We sold to the business market and that ended too. Clients and customers went bankrupt because of the drive for profit.

Profit above all is evil. Profit above all is inhumane. Corporations were not started to enrich the investors, they were started to enrich the workers, and the areas they were located. Things changed, and not for the better. But, by all means, keep trying to lecture me on 'business'. This could prove humorous...
Score: 29 Votes (Like | Disagree)
otternonsense Avatar
12 months ago

It’s almost as though there are many other factors that add to the final cost of the product, such as R&D. [emoji849]
Looking at all of Apple's recent releases... what R&D?
Score: 14 Votes (Like | Disagree)
PinkyMacGodess Avatar
12 months ago

Really wish they would move more of it back to America, even if it means prices have to go up.

And I really wish they'd move ALL of it out of China.
The jobs didn't HAVE to go to China. The jobs went to China to make more profit.
Score: 13 Votes (Like | Disagree)
GalileoSeven Avatar
12 months ago
I suspect once Apple moves (if they do......), others might eventually follow.
Score: 13 Votes (Like | Disagree)
rjp1 Avatar
12 months ago
Great to see an American company invest in America.
Score: 13 Votes (Like | Disagree)

Top Stories

siir apple event april 20

Siri Reveals Apple Event Planned for Tuesday, April 20

Tuesday April 13, 2021 12:04 am PDT by
Siri has apparently prematurely revealed that Apple plans to hold an event on Tuesday, April 20, where the company is expected to reveal brand new iPad Pro models and possibly its long-awaited AirTags trackers. Subscribe to the MacRumors YouTube channel for more videos. Upon being asked "When is the next Apple Event," Siri is currently responding with, "The special event is on Tuesday, April...
apple event spring loaded

Apple's 'Spring Loaded' Event Officially Announced for Tuesday, April 20

Tuesday April 13, 2021 9:04 am PDT by
Following an overnight leak by Siri, Apple today officially announced that it will be holding a special "Spring Loaded" event on Tuesday, April 20 at 10:00 a.m. Pacific Time at the Steve Jobs Theater on the Apple Park campus in Cupertino, California. As with all of Apple's 2020 events, the April 2021 event will be a digital-only gathering with no members of the media invited to attend in...
apple event hashflag

Twitter Hashflag for April 20 Apple Event Goes Live

Tuesday April 13, 2021 2:21 pm PDT by
Following the overnight Siri leak and subsequent announcement that Apple will hold a media event on Tuesday, April 20, a new Twitter hashflag has appeared to help provide visibility for the event on the platform. For the last several recent events, Apple has utilized hashflags, which are little icons next to hashtags on Twitter, as a way to market its events. The company first started the...
iphone12cameras

Kuo: 2022 iPhones to Feature 48-Megapixel Camera, 8K Video, and 6.1 and 6.7" Sizes With No 5.4" Mini Option

Tuesday April 13, 2021 10:45 pm PDT by
The upcoming 2022 iPhone lineup will feature two 6.1-inch devices and two 6.7-inch devices, with no mini-sized 5.4-inch iPhone, well-respected Apple analyst Ming-Chi Kuo said in a note to investors that was seen by MacRumors. Two of the iPhones will be high-end models and two of the iPhones will be lower-end models, similar to the current iPhone 12 lineup. Apple introduced the 5.4-inch...
macos catalina serial number

Apple Preparing Rollout of New Randomized Product Serial Numbers Ahead of 'Spring Loaded' Event

Wednesday April 14, 2021 2:08 am PDT by
Apple is advising its authorized premium resellers and dealers to prepare for new products with 10 and 12 digital serial numbers, days ahead of when it's expected to reveal a slew of new products. MacRumors previously reported that Apple plans to switch to randomized serial numbers for future products starting in early 2021. The company now seems to be preparing for that roll-out, telling...
duanrui iphone13 notch samples

More Leaked iPhone 13 Samples Show Smaller Notch, Repositioned Earpiece and Front Camera

Wednesday April 14, 2021 1:06 am PDT by
Leaker known as "DuanRui" has today shared an image of two iPhone 13 "film samples," which show the same rumored smaller notch design coming to the iPhone 13 series that we've seen from other sources. In past tweets, DuanRui has accurately leaked the correct names of the iPhone 12 models and an iPad Air 4 manual revealing its new design, so there's good reason to think this leak is credible, ...
Google maps feaure green

Google Maps App for iOS Finally Updated After Four Months

Monday April 12, 2021 10:03 am PDT by
Following the completed rollout of App Privacy labels for its App Store apps, Google today updated the Google Maps app for the first time in four months. Apple in December began requiring all new app submissions and app updates to include App Privacy labels, detailing the data that is collected by the app so consumers know what they're sharing. Google didn't begin implementing App Privacy ...
iPad Pro Mini LED

Mini-LED iPad Pro Expected at Apple Event on April 20 as Production Ramps Up

Tuesday April 13, 2021 9:53 am PDT by
Apple today announced that it will be hosting a virtual event on Tuesday, April 20 at 10 a.m. Pacific Time, and one of the new products expected to be unveiled at the event is a new iPad Pro with a Mini-LED display. In a brief snippet shared with paid subscribers, Taiwanese supply chain news website DigiTimes today reported that Apple supplier Ennostar has substantially improved its yield...
apple event particularly innovative article

Gurman: Apple's 'Spring Loaded' Event Won't Feature Anything 'Particularly Innovative'

Thursday April 15, 2021 1:30 am PDT by
Bloomberg's highly-respected Mark Gurman says that he expects nothing "particularly innovative" or "extraordinary" to launch at Apple's "Spring Loaded" event next week, Tuesday, April 20. Gurman made the remarks during an interview for Bloomberg Technology, in which he reaffirmed that Apple will launch a new 11-inch and 12.9-inch iPad Pro, with the higher-end model featuring a brand new...
spotify car thing 1

Spotify Announces the 'Car Thing' as its First Hardware Device

Tuesday April 13, 2021 7:03 am PDT by
Spotify has today announced its first hardware device, the "Car Thing," which is an in-car dash-mounted music and podcast player (via TechCrunch). Spotify is looking to provide a product for customers who want a "more seamless" and personalized in-car listening experience, especially in the large number of cars that do not support modern in-car infotainment systems. The Car Thing is aimed ...