Apple is focusing on manufacturing iPhones in India due to growing consumer demand and supply chain diversification.
The CEO, Tim Cook, recognizes India as a key market for both consumer sales and manufacturing.
The company aims to reduce its dependence on China, which faces risks and disruptions. However, challenges like infrastructure, talent, and regulations must be overcome.
Apple opened flagship stores in Mumbai and New Delhi, indicating India's readiness for Apple products.
Indian youth view iPhones as status symbols, driving demand for the aspirational brand.
Tim Cook envisions India as a vital market for consumer sales and iPhone manufacturing.
Apple's supply chain is complex, involving multiple countries for iPhone production.
India aims to produce 25% of global iPhones, attracting investments through initiatives like "Make in India."
Apple's smartphone market share in India is only 4%, facing competition from low-cost Android devices.