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Apple’s India Bet: $14 Billion iPhone Opportunity for Indian Factories in Q1

Apple is set to significantly expand its iPhone production in India, with estimates suggesting it could source nearly $40 billion worth of devices from the country by FY26. In the June 2024 quarter alone, Indian factories led by Foxconn and Tata Electronics are expected to meet U.S. demand worth $12–14 billion. Analysts say this marks a major shift in Apple’s global supply chain strategy, reducing reliance on China and strengthening India’s role as a manufacturing hub. With growing local demand and robust export plans, India is positioned to become a key pillar in Apple’s global iPhone production roadmap.

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