Apple will bet on India to produce its AirPods and Beats

This annual figure represents almost double the 1,300 million dollars that Apple obtained from the export of its iPhones from the South Asian country until March 2022. In addition, it demonstrates the potential of India in its progress in the manufacture of products. electronics.

According to data from Counterpoint Research, India has grown significantly in the global phone production market, as its share went from 9% in 2016 to 16% in 2021, while China decreased from 74% in 2016, to around of 67% in 2021.

This development has been aided by heavy investment from the Indian government. In 2020, Indian Prime Minister Narendra Modi announced a $6 billion incentive to encourage Apple to increase production in the country and is now becoming an alternative to China as its factory.

From April to August this year, India has been in charge of exporting iPhone models 11, 12 and 13, while shipments of the new model 14 will start soon, according to the US media report.

In addition, the country plans to spend an additional $30 billion to strengthen its supply chain for electronics, which range from phones to display materials and even semiconductors.