Apple has started producing the iPhone 7 model in India, additionally to iPhone SE and iPhone 6s, so widening it’s Made in India’ portfolio and signaling its intention of developing the country as a producing hub.
“We are proud to be manufacturing iPhone 7 in Bengaluru for our native customers, furthering our long-run commitment in Bharat,” aforesaid Apple in Associate in Nursing e-mail to ET completely.
Taiwanese contract manufacturer Wistron, that makes iPhone SE and 6s models out of its plant on the outskirts of Bengaluru, has been creating the iPhone 7 devices in India since the start of March.
People acquainted with the matter aforesaid that a value drop for the iPhone 7 is unlikely with analysts expression the company can invest the margins made up of these devices into a lot of aggressive sales and promoting play.
The cost of constructing iPhone 7 devices in India is cheaper than importation them thanks to the duty concessions any handset maker gets on native producing, a move geared toward boosting the government’s creation in India initiative.
Apple’s latest move comes when Wistron recently received the government’s approval for its Rs5,000-crore proposal to expand its producing capabilities with the aim of regionally manufacturing high-end Apple devices.