India now makes 1 in 4 iPhones as Apple assembles entire iPhone 17 lineup locally
Analysis of this story by livemint_companies · 10 Mar 2026, 12:06 PM IST (about 2 months ago)
AI Analysis
The 'Make in India' initiative is gaining traction, attracting global manufacturing giants. This boosts local employment and technology transfer.
Trading Insight
Investigate Indian companies that are part of Apple's supply chain or are contract manufacturers for electronics.
Quick check: AVANTIFEED neutral, FOXCONN neutral.
Key Evidence
- •Apple's iPhone production in India increased by 53% in the past year.
- •55 million units were assembled in 2025.
- •India now makes 1 in 4 iPhones globally sold in India.
- •Apple assembles the entire iPhone 17 lineup locally.
- •Risk flag: Geopolitical risks affecting global supply chains
Affected Stocks
AVANTIFEEDAvanti Feeds Ltd
Positive
Increased domestic manufacturing could lead to broader economic benefits, indirectly supporting various sectors.
FOXCONNFoxconn India
Positive
Directly involved in iPhone assembly in India.
PEGDPegatron India
Positive
Directly involved in iPhone assembly in India.
Sectors:broad_market
Sources and updates
Original source: livemint_companies
Published: 10 Mar 2026, 12:06 PM IST
Last updated on Anadi News: 10 Mar 2026, 3:32 PM IST
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