iPhone 16 Series Manufacturing in India Triggers Global Sales Surge
The Made-in-India iPhone 16 Series: A New Era
Apple’s iPhone 16 series, manufactured in India, is set to be available worldwide shortly after its official launch. This is the first instance where a premium product, the iPhone 16, will be distributed globally so soon post-release, showcasing India’s strengthening position in Apple’s manufacturing strategy.
Significance of Global Sales
- The iPhone 16 series will launch on September 10, with sales expected to commence 10 to 12 days later.
- Foxconn, Apple’s primary manufacturer, has ramped up production of the iPhone 16 in India, including the Pro models.
- This shift highlights Apple's intent to diversify production and lessen reliance on China amid geopolitical shifts.
India’s Evolving Role in iPhone Production
India has been pivotal in Apple's manufacturing journey, with global sales trajectory improving yearly. In 2021, the iPhone 13 models featured a delayed global rollout, improving with the iPhone 14 and iPhone 15 models.
- 2021: iPhone 13 delay.
- 2022: iPhone 14 reduced gap to less than two weeks.
- 2023: iPhone 15 had simultaneous production in India and China.
Currently, India contributes about 14% to Apple’s total global production. Apple aims to escalate this to 25% by 2025, indicating a strategic pivot in global manufacturing management.
Investment and Economic Impact
This year, the made-in-India iPhone 16 series is valued significantly, with contracts producing devices worth Rs 1.20 trillion in India for FY24. Notably, Apple is the forerunner in mobile phone exports from India, benefiting from the government’s initiative to boost local production.
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.