Apple has assured the Indian authorities that there will probably be no change in its funding plans in India, CNBC-TV18 stated, citing sources.
Throughout a enterprise roundtable in Doha, Qatar, on Might 15, 2025, U.S. President Donald Trump expressed his disapproval of Apple’s rising manufacturing presence in India. He pushed the iPhone maker to construct domestically and create jobs within the nation.
“I had slightly downside with Tim Prepare dinner yesterday…You might be coming right here (US) with $500 billion, and you’re constructing throughout India. I don’t need you to construct in India,” Trump stated. “You possibly can construct in India, if you wish to handle India.”
In February, the iPhone maker introduced its largest-ever spending dedication, planning to take a position over $500 billion within the U.S. over the following 4 years to advance high-skilled manufacturing and assist a variety of initiatives that concentrate on synthetic intelligence, silicon engineering, and abilities improvement for college kids and staff throughout the nation.
Confronted with tariffs on items from China, Apple mitigated the potential monetary impression by efficiently shifting its U.S. import sources to different areas, like India. The nation affords a beneficial surroundings for manufacturing because of its supportive insurance policies and the presence of a talented workforce
Based on information from Counterpoint Analysis, about 16% of the iPhones made globally for Apple final yr have been assembled in India. Counterpoint Analysis vice chairman Neil Shah estimates the proportion will attain 20% this yr.
“All the celebrities are aligned for India to be the alternate vacation spot to China,” Shah stated. “When you have a look at Apple’s manufacturing technique for iPhones, it has principally been international locations the place they get advantages on manufacturing: geographical benefit, authorities incentives and prices, and the place they’ve good home demand.”
In the meantime, in keeping with an ET report, Apple’s wholesale revenues in India from iPhones climbed 28% to $2.53-2.92 billion within the March quarter of 2025, pushed by file gross sales.
On the Doha occasion, Trump additional stated that India was one of many highest-tariff nations on the earth and that it was robust to promote in India. “However now they’ve supplied us a deal the place they’re prepared to cost no tariff, actually,” he stated.
Reacting to this, India’s overseas minister, S Jaishankar, said that any commerce deal should be mutually helpful, and till that’s achieved, any judgment will probably be untimely.
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