The Indian government may provide additional incentives to Apple to reduce the cost of producing iPhones.
In particular, the Ministry of Electronics, Information Technology and Technology plans to allocate $2.7 billion to manufacturers of smartphone batteries and camera components.
In addition, the ministry is openly reducing duties on some electronic components, which should reduce production costs. A formal announcement of these proposals is expected to be made in February, when discussions on the 2025 budget begin.
Making iPhones in India could be cheaper for Apple – 9to5Mac
Making iPhones in India is a key part of Apple’s efforts to reduce its manufacturing dependence on China.
9to5mac.com
Source: Iphones RU
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