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Make In India: Apple To Manufacture 50 Million iPhones A Year

2023 • 6min • News • Business

Informative

Published On: December 12, 2023 - Apple aims to manufacture 50 million iPhones in India annually. The company looks to achieve the target in the next 2-3 years. After touching the 50 million, India will account for one-fourth of the global iPhone production. Moving towards that direction, Tata Group plans to establish a manufacturing plant in India which shall consist of 20 assembly lines with 50,000 workers. Apple already touched Rs 60,000 crore of its target volume in the first seven months of 2023-24 (FY24). Join News9’s Shweta Kothari and Krishnakumar for more updates on this story.