Apple's big scheme in India, construction of all iPhones sold in America by 2026 in India

Business News: Due to commercial tension and tariffs between the US and China, the Apple company is considering shifting its smartphone production from China to India. The US has imposed a 145% fee on China, which will prove to be an expensive deal to send Apple phone from China to America. Apple plans to manufacture all iPhones sold in the US by the end of 2026 in India.

Apple production in India is increasing

Currently, 20% of Apple phone is produced in India. Apple production in India is continuously increasing, and in 2024 last year, only 7 billion dollars of smartphones were exported from India to the US market. In the earlier financial year, this export was worth $ 4.7 billion. Increasing Apple production in India will not only benefit the company, but it will also benefit India's economy.

Indo-American Trade Agreement

The trade agreement between India and the US is likely to be held by September-October. The US has imposed a mutual fee of 26% on India, which has been postponed till 9 July. The agreement is expected to increase trade between the two countries, and it will also benefit companies like Apple.

Planning of other companies

Google is preparing to start in India by shifting the Google Pixel smartphone from Vietnam under its original company Alphabet. Samsung can also shift its smartphone manufacture completely to India from Vietnam. This will further boost smartphone production in India, and it will also benefit the country's economy.

Apple phone producing companies in India

Companies like Foxconn, Pagtron and Tata Electronics produce Apple phones in India. Foxconn exported an Apple phone of $ 1.31 billion to the US in March. In collaboration with these companies, Apple is producing large scale in India, and it is also benefiting India's economy.

Benefitial for Indian economy

Apple plans to shift smartphone production from China to India, which will benefit India's economy. Apple production in India is increasing, and the company will also benefit from it. The Indo-US trade agreement is expected to increase trade between the two countries, and it will also benefit companies like Apple.