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06.02.2017

Apple to start making iPhones in Bangalore, India


Apple will be moving a part of its iPhone production to India. As it has apparently become tradition nowadays (I’m looking at you, Donald), the news was made public on Twitter by Priyank Kharge, the Minister of IT of India state Karnataka.


Although Apple hasn’t yet confirmed the news, they haven’t denied it either and Priyank Kharge seems pretty sure with his statement. “We have an understanding with Apple and we expect them to start manufacturing in Karnataka by the end of April,” Kharge told AFP. The tech company has previously expressed its interest to invest heavily in India on multiple occasions.

This might be a move towards setting up Apple’s bigger strategy in India. In order to open its own branded stores in the country, the company would have to source 30% of the products locally. So the new factory in Bangalore might help out Apple on that front, as well. Although the iPhone isn’t hugely popular in India (2% share on the country’s mobile market), the company does account for half the market for premium phones (450 US dollars and up).

And even 2% isn’t that little when you consider that India is the world’s second-largest mobile market. With more than 300 million smartphone users, it surpassed the US last year. And by 2021, the number of smartphone users is expected to hit around 800 million.

India’s regulation laws, as well as its huge population is putting it in a place where it can attract the top smartphone makers to open up facilities in the country. With their new production plant, Apple will be joining vendors like Samsung, Xiaomi, Lenovo and others in manufacturing in India.


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Source: http://www.zdnet.com/article/indian-minister-says-apple-will-start-making-iphones-in-bangalore/  
Pic: ©kropekk_pl

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Comments

  • Commented by mohammad talukder on 13.02.2017 at 18:25 h

    fine

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