Apple, moving away from China, makes iPhones worth $7bn in India

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Apple’s manufacturing diversification away from China and into India is paying up with significant efficiency for the world’s largest technology company. The total value of iPhones assembled by Apple in India between March 2022 and March 2023 is reported to be more than $7 billion (over 573 crore). The company has managed to triple its production during this period in India, Bloomberg reported.

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