According to a report by Outlook on September 24, Apple continues to expand its production layout in India and has already purchased key equipment for manufacturing iPhones. It is reported that about 35 Indian companies have the capability to produce equipment for Apple's suppliers such as Foxconn and Tata Electronics, with half of them having established cooperative relationships with Apple, including Titan Engineering and Automation Ltd, Jyoti CNC Automation, Wipro, etc. Currently, Apple is sharing knowledge and technical details required for manufacturing iPhone machinery with these Indian companies. In addition, Apple is exploring joint ventures with companies in India and other countries to promote the production of key components such as display panels and camera modules in India. It is reported that Foxconn's subsidiary Yuzhou Technology is investing approximately $1.5 billion to build a display module assembly plant in Tamil Nadu, southern India. Analysts point out that China previously restricted the supply of related equipment to India and recalled technical personnel, which has affected the production of Apple's suppliers such as Foxconn and Tata Electronics in India. A source said that Apple has realized the challenges and plans to significantly expand its cooperation network in India within the next 2-3 years, aiming to reduce logistics risks, lower operating costs, and enhance the stability and resilience of the supply chain. Currently, Apple has five iPhone factories in India, and the domestic value addition (DVA) ratio of iPhones produced in India has exceeded 20%, while the Modi government aims to raise it to 30%-40% to "match Chinese levels".
Original: www.toutiao.com/article/1844289376705612/
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