145 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 DIFC Academy Collaborates with GCA to Address Cybersecurity Challenges for Small Businesses Equitable Holdings Announces New Leadership Appointments PhonePe’s India relocation results in $1 billion tax bill for Walmart HP India Engages in Talks with Dixon Technologies and VVDN for Laptop Assembly Viacom18 secures broadcasting rights for the 2024 Paris Olympics AGF Management Ltd. Bolsters Investment in Booz Allen Hamilton Amidst Stock Surge