Its Official: Apple to Manufacture iPhones in India by April 2017. From quite some time the tech giant Apple was trying to get approval from the Indian Government to manufacture its devices in India. Now at last the wait is over as Priyank Kharge, the IT minister for the Indian state of Karnataka, has said that Apple will soon begin assembling iPhones in the country.
Apple’s motivations for setting up shop in India are obvious—eMarketer estimates just more than one-fifth of the country’s population will own a smartphone by the end of the year, giving Apple and competing manufacturers a largely untapped market of new customers. Apple’s India strategy is also a hedge against its maturing position in countries where it has experienced lots of success, but where the iPhone is nearing its saturation point among consumers.
In practical terms, Apple itself would not actually manufacture or assemble any iPhones, instead contracting an outside company to handle the details. Several media reports named Taiwanese manufacturer Wistron Corporation as Apple’s contractor of choice for operations in India.