Apple may double iPhone production in India amid US-China tariff threats
By
Binu Mathew
Apple Inc could significantly increase its iPhone production in India, potentially exceeding $30 billion annually within the next two years, if US President Donald Trump follows through on his threat of imposing heavy tariffs on Chinese imports, according to a report by The Economic Times.
Apple’s iPhone production in India is currently valued at approximately $15-16 billion annually. However, Trump’s earlier threats to impose tariffs of 60 to 100 per cent on Chinese imports,