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Bloomberg’s report also mentions that Apple is expanding its production capacity in India to prepare for this upcoming launch. The firm plans to operate five factories, including two new plants run by Tata Group and Foxconn. Among them, Tata is expected to play a larger role, accounting for half of iPhone production in India. Tata Technologies’ shares closed 1.82% higher on the Indian stock market today.
Apple’s expansion into Indian manufacturing isn’t just about current models; it may also produce new iPhones there next year, including an iPhone 17e successor to the iPhone 16. Bloomberg sources suggest that Apple could even manufacture future models like the 2027 iPhones in India.
To manage this transition, Apple has had to fly engineers from Taiwan and Japan into India after Foxconn’s Chinese employees were recalled back to China. Since announcing its additional $100 billion investment in the US, Apple’s shares have risen by 13.8%. This new investment aims to establish an end-to-end semiconductor supply chain in America.
This strategic move reflects Apple’s efforts to diversify beyond China and meet potential sales disruptions following September’s launch. The company has also been working with India’s Tata Group and adding a new Foxconn plant to its manufacturing portfolio.
