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SUMMARY
Earlier this year, Chinese authorities refused to allow one of Apple’s equipment suppliers to export machinery, needed for the trial production of the upcoming iPhone 17, to India
India is emerging as a key base for manufacturing giants as the country attracts relatively lower US tariffs, has a robust PLI scheme and a huge population base to support this shift
The Cupertino-based company already assembles 30 Mn to 40 Mn iPhones in India every year, almost 25% of its total global…
