Apple previously only manufactured the iPhone SE and iPhone 6S in India and now the company has also started to manufacture the iPhone 7 in India.
The company uses Wistron to make its existing iPhones in India and the company will also make the iPhone 7 for Apple.
Economic Benefits of Local Manufacturing
It is cheaper for Apple to make these iPhones in India than it is for them to import them into the country, this is because of import duties which are levied on the devices. By manufacturing locally, Apple can avoid these import duties, making the iPhone 7 more affordable for Indian consumers. This move not only helps Apple to reduce costs but also aligns with the Indian government’s “Make in India” initiative, which aims to boost local manufacturing and create jobs.
Moreover, local manufacturing can lead to a more streamlined supply chain. By producing iPhones within the country, Apple can reduce the time and cost associated with shipping devices from overseas. This can result in faster delivery times for customers and potentially lower prices.
Impact on the Indian Market
The decision to manufacture the iPhone 7 in India is a strategic one for Apple. India is one of the fastest-growing smartphone markets in the world, and by producing iPhones locally, Apple can better cater to this expanding market. The iPhone 7, although not the latest model, remains a popular choice due to its balance of performance and price.
Additionally, local production can help Apple to better compete with other smartphone manufacturers in India, such as Samsung and various Chinese brands like Xiaomi and OnePlus, which already have a strong presence in the country. By offering locally-made iPhones, Apple can appeal to a broader range of consumers who are looking for high-quality smartphones at more competitive prices.
Furthermore, Apple’s commitment to manufacturing in India could pave the way for the production of newer models in the future. As the company continues to invest in local production facilities and partnerships, it may eventually expand its manufacturing capabilities to include the latest iPhone models, further solidifying its presence in the Indian market.
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