Copyright © HT Digital Streams Limit all rights reserved. Economics Shouvik Das 3 min Read April 14, 2025, 05:30 AMT Apple is the world’s largest smartphone brand, which is sent more than 240 million devices and has produced more than $ 200 billion annual turnover on the iPhone. (AFP) Summary to China, India, is Apple’s largest mounting destination, and by 2028 Apple is expected to make one in five iPhones here. Electronic goods and components will be spared in US President Donald Trump’s livestock tariffs. It provides interim relief for Apple’s supply chain worldwide, which is of utmost importance to the most important income manager – the iPhone. Has India been introduced to benefit? Mint Look at the scenario: Was the iPhone under shot of rates? Yes. Apple is the world’s largest smartphone brand, which is sent more than 240 million devices and earns more than $ 200 billion in annual revenue from iPhone. But none of this is made in the US – China is responsible for four of every five iPhones made. Since things stood before Trump’s electronics release, Apple’s costs to make the iPhone in China could have increased by 2.5x – which exposed one of America’s largest technical exports to billions of rands in import duties and would lose shareholders equally. Geopolitical experts believe it made it one of the most important commodities under Durs of Trump’s rates. Read also | Mint Primer: What Trump’s tariff -tantrums mean to investors how big role India plays for Apple? Apple has set up assembly lines in partnerships with electronic manufacturing services in India. After China, India is the largest mounting destination of Apple, and by 2028 Apple is expected to make one in five iPhones here. According to the IT ministry, from March, iPhones made up three of every four smartphones exported from India, and the export of smartphones was worth almost $ 25 billion. With more components now localized, Apple is the most important company for India’s electronic ecosystem. With $ 50 billion targets by 2030, Apple, which continues in India, is important. Read also | Why do PE investments fall into real estate in India? How important is the export to electronics’ success? The goal of India’s electronic industry is to scale $ 500 billion at annual turnover by 2030. Smartphones exports will exceed $ 50 billion by this time – while electronics can generally amount to about $ 100 billion. This makes exports an important part of the industry, with Apple running it. Local manufacturing can make electronics a larger part of the economy of India. Read also | Return of the Dire Wolf: Is it a game of clone? Is it an opportunity for India’s electronics? If the release of the rate remains, this is an important opportunity for India. Apple is already investing in India. If you release electronics, global technical majors such as Apple should produce in North America. With Apple’s proven power around the world, India may receive increasing investments in technical manufacturing that more component manufacturers are setting up a store here. In time, India was directed to double the addition of domestic value for electronics in the country. Is there in the long run? Supply chain managers believe the biggest challenge is the contradiction of Trump’s foreign and trade policies. India’s electronic exports are only 2% of China. This means worldwide India will still be influenced by what the US next decision for the electronic supply chain. If the release is removed on smartphones, India will lose Apple’s future investments and may not attract strong component providers. This is actually a realistic scenario, as Trump’s policy is volatile. Catch all the business news, market news, news reports and latest news updates on Live Mint. Download the Mint News app to get daily market updates. More topics #tariff hike #paple iPhone #Apple iPhones #semiconductors #india #apple inc #apple inc. #Trump #donald trump #primer mint specials
Mint Primer: What happens to the iPhone in India with electronic rates?
