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Make in India: Apple assembled $14 bn worth of iPh

Make in India: Apple assembled $14 bn worth of iPhones in India in FY24 Apple now makes as much as 14% or about 1 in 7 of its marquee devices in India Apple Inc has assembled $14 billion worth of iPhones in India in fiscal 2024, Bloomberg News reported on Wednesday. Apple now makes as much as 14 per cent or about 1 in 7 of its marquee devices from India, the report said, citing people familiar with the matter. Foxconn assembled nearly 67 per cent while Pegatron Corp made about 17 per cent of the India-made iPhones, the Bloomberg report added. Wistron Corp's plant in the southern Indian state of Karnataka, which the Tata Group took over last year, made the remaining. ©SHIRSENDU KARMAKAR #Apple #Iphone
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