As soon as next month, it will be possible to see the iPhone with ‘Made in India’ mark.
Apple’s original equipment manufacturer (OEM) Taiwan Wistron will produce iPhone 6 and 6S models in Bengaluru, Karnataka, India in four to six weeks, according to the Wall Street Journal (WSJ) (CNN)
In the next three months, the low-priced iPhone SE will also be added to the production line.
“We are almost ready to start Apple’s first project in Whistler, Bengaluru,” Karnataka said.
Apple is also discussing with New Delhi authorities the establishment of a production facility that will produce parts and export finished goods.
Apple has been working hard to advance into the Indian market.
Last year, Apple CEO Tim Cook said he would visit India directly and set up a design and development center for developers of iOS apps for Apple’s mobile operating system.
At the end of last year, the company also wondered if it would be able to get tax benefits if it produced iPhones in India.
India is one of the world’s leading IT powerhouses and a major market for smartphones. India’s shipments jumped 18 percent last year, with global smartphone shipments jumping 3 percent.
Apple has been paying attention to India as its next growth engine.
Cook said last year that “India looks like China seven to ten years ago,” and that “there will be a great opportunity for India.”
However, India is currently imposing tariffs on products that are not produced in the country, and the cheapest iPhone SE price among Apple’s smartphone models is at least $ 330, which is somewhat more expensive to attract consumers from India.
If Apple produces an iPhone in India, it could save at least $ 100 in tariffs and lower product prices, explained Faisal Cau, an analyst at research firm CMR. Kwon Jin-gook reporter