The Success of Apple's iPhone Assembly in India: A Game Changer
Apple's Successful Assembly Venture in India
Apple's decision to assemble iPhones in India has yielded impressive results. Initially focusing on exports, the company has made strides in local sales.
Growth in Local Assembly
- In FY19, only 10% of Apple's phones sold in India were assembled locally.
- This number has since increased substantially, demonstrating a successful shift.
Strategic Impact
This move not only enhances local production but also signifies a broader strategy to tap into India's vast market.
Conclusion
Apple's commitment to local assembly reflects its intention to strengthen its presence in the Indian market, ultimately leading to significant growth in sales.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.