At a Foxconn facility close to Chennai, Apple begins producing the iPhone 14 in India.
The Cupertino-based tech company has begun manufacturing this year’s iPhone model far earlier than last year, living up to all the rumours. According to reports, Apple plans to shift 25% of the total iPhone assembly line to India by 2025. Apple has begun the process of achieving the target by beginning the manufacturing of the iPhone 14 sooner in India.
According to sources, Foxconn’s Sriperumbudur facility, which is located on the outskirts of Chennai, will export the locally produced iPhone 14 devices. Apple is thrilled to begin producing the newest iPhone model in India, according to PTI.
Apple already manufactures a number of iPhone models in India, including the iPhone 13, iPhone 12, and iPhone SE. To assemble iPhone models in India, Apple collaborates with Wistron, Foxconn, and Pegatron. The iPhone 14 is being produced locally in direct response to the production-linked incentive (PLI) programme run by the Indian government.
In India, the starting pricing of the recently released iPhone 14 is Rs 79,900. The question is if the price of the iPhone 14 would decrease in India now that it will be produced locally. The response is maybe not or perhaps yes.
Apple will be able to save 20% on import duty by producing the iPhone 14 in India. Although there may not be any immediate adjustments in cost, this savings may have an impact on the model’s price in the future.
Apple rarely lowers the worldwide price for a local market. Remember that even though the iPhone 12 and iPhone 13 were made locally, Apple didn’t officially lower their costs. However, the business does collaborate with a few banks to provide promotional deals on external websites like Amazon and Flipkart. Now, the iPhone 14 might be affected by this as well.
The fact that the iPhone 14 would only be assembled in India as there are no local component sourcing companies may not impact the price of Apple 14 being produced in India.