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Report-Apple iPhone India Based Production Upwards of $14 Billion

Supply Chain Matters

Supply Chain Matters calls reader attention to a report by Bloomberg indicating that upwards of 14 percent of Apple iPhone production, equating to $14 billion, is now being produced within India. in 2023 with plans to eventually be one of the largest iPhone producers in India.

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Report Indicates Added Foxconn iPhone Production in India

Supply Chain Matters

A report by Nikkei Asia Technology indicates that Apple contract manufacturing services provider Foxconn is planning to incrementally expand iPhone production capacity within India. This facility is further reported to be the equivalent of a $1.54 billion facility, which is massive and implies more than just smartphone assembly.

India 64
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Report Indicates Apple India iPhone Output is Now $7 Billion

Supply Chain Matters

Background In early December of 2022, we called Supply Chain Matters reader attention to published reports acknowledging that consumer electronics giant Apple was accelerating actions to source some hardware production outside of China.

India 52
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Top 10 Logistics Companies in India!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. And for a business expanding to a country like India – which is the hub of trade (and ever-increasing consumers) working without a solid logistics partner can land your business in a risky position. The logistics industry is big in India. Subscribe Here! Email Address.

India 95
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Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions

Freightos

More Resources Home Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions Joyce Tai April 2, 2024 If there’s one lingering lesson from the supply chain crisis of COVID, it’s that digitization can help organizations navigate crises…but that digitization can’t be put in place DURING that same crisis.

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Driving Sustainable Supply Chain Change

The Logistics & Supply Chain Management Society

Driving Sustainable Supply Chain Change. By 2025, to improve long-term supply chain profitability, 60% of manufacturers in global supply chains will invest in software tools to support sustainability and circular economy business models.”. “By In Asia, Governmental and Finance.

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Slight Decline in April Global Production and Supply Chain Activity Levels

Supply Chain Matters

Supply Chain Matters provides readers a further installment in our global supply chain assessment series in providing highlights on reported April 2024 global PMI activity levels. Report authors noted that this global wide index has been above the 50.0 Manufacturing PMI both reported declines in April.