137 By 2025, Apple is anticipated to dramatically boost its local production capability, increasing the volume of iPhones manufactured in India. According to reports, Apple has instructed its local manufacturers, Foxconn, Pegatron, and Wistron, to increase production. T his approach could result in local iPhone production increasing to 12-15 million units during the next two years. Faisal Kawoosa, co-founder of research firm TechArc, Apple’s domestic manufacturing accounts for 72% to 7.7% of the company’s overall income in India, with 7.1 million iPhone sales in India expected by 2022. You Might Be Interested In Amazon Faces £1 Billion Lawsuit from British Retailers Siemens to produce electric freight locomotives for Indian Railways DexCom and Abbott Laboratories Defy Weight-Loss Drug Concerns with Strong Performance in Diabetes Devices Lidl UK Increases Staff Pay for the Third Time in a Year Elon Musk admits X may fail after image glitch Fake Online Job Scam Variant Targets Victims, Resulting in S$19.9 Million Loss
