On Trump’s proposal of heavy tariffs on China, Apple’s iPhone production in India could soar to $30 billion annually, creating 200,000 jobs and boosting global market share.
Apple could see its iPhone production in India surge to over $30 billion annually soon if President Donald Trump follows through on his threat to impose heavy tariffs on Chinese imports, according to an Economic Times report.
The iPhone production in India is currently valued at about $15-16 billion annually, but industry experts predict it could double within the next two years. This growth could place Apple as one of India’s most prominent manufacturing players.
Trump has proposed significant tariffs on Chinese imports, potentially ranging from 60% to 100%, a move reminiscent of his first term. While India could face challenges in some sectors, industry experts believe it could greatly benefit from electronics, especially iPhone manufacturing.
Furthermore, the projected rise in production could create about 200,000 new jobs in India, with the country’s share of global iPhone production increasing from the current 12-14% to over 26% in the coming years.
Neil Shah of Counterpoint Research noted that the demand for high-end iPhones, including the Pro series now being made in India, could push the country’s production value far beyond $30 billion annually.
Meanwhile, Taiwan is preparing for the impact of Trump’s proposed tariffs, particularly on its semiconductor industry. Taiwan’s economic minister, Kuo Jyh-huei, has introduced measures to support companies considering relocating from China.
Despite the challenges, Taiwan’s semiconductor giant TSMC is expected to remain eligible for US government incentives like the CHIPS Act, thanks to its investments and workforce in the United States.
