India was the second-biggest smartphone market in the world in 2019, ahead of the US and second only to China. According to TechCrunch, Apple plans to scale up production in India, which would in turn reduce how much it depends on China, where most of its iPhones are currently made. And while Apple tops the premium smartphone market in India, it has only about a 1 percent share of the total smartphone market there. The iPhone’s price puts it out of reach for many consumers in India.
By selling locally-made devices in India, Apple would be able to avoid a 20 percent import duty that India imposes on foreign-made electronics. It’s not clear whether the devices are being manufactured for sale within India only, or for the broader worldwide market.
Apple did not immediately return a request for comment Saturday.