For the sake of developing and expanding its wings in the world of technology, Apple has long been developing itself in India, one of them. Apple partner Foxconn has started assembling the iPhone 11 at their factory near Chennai, India. This is the first time India has started producing the newest iPhone.
And now Apple has also released their newest product, namely
Buy iPhone 12 pro, which is presented to the public in several countries with all its advantages. Launching TechCrunch, Apple has been producing iPhones in India since 2017, and now Apple is starting to consider moving the production of its premium models in the Hindustan country.
Apple itself sees great potential in India, considering that last year the country was the second largest smartphone market in the world, behind China and above the US. So, Apple launched a strategy to manufacture older iPhones and sell them at affordable prices there, without any import duties from China. Foreign-made electronic products are subject to a 20 percent import duty to enter India. this time, India started producing the newest and premium iPhones. However, these products will be re-exported to the global market, because the iPhone market in India is still small, which is only 1 percent. Apple has also increased production in India to reduce dependence on China, where most of Apple’s products are produced there.