Apple May Double India iPhone Production To $30 Billion Amid New Trump Tariffs

Apple's iPhone production in India could see a dramatic expansion, likely doubling to over $30 billion annually within the next two years. This significant growth projection is tied to trade policies under a second Donald Trump presidency, according to industry experts and government officials, says a report by Economic Times.

Apple's current iPhone production in India stands at approximately $15-16 billion annually. The report added, citing industry analysts, this figure could surge significantly, making Apple one of India's leading manufacturing entities.

Also read: iPhone To Get Estimated Battery Charging Time With iOS 18.2

Donald Trump's Trade Policy Impact

The prospect of renewed US-China trade tensions looms large over global manufacturing decisions. During his campaign, Trump proposed implementing substantial tariffs ranging from 60 per cent-100 per cent on Chinese imports, reminiscent of his first term's trade policies which saw tariffs up to 25 per cent.

"While India could lose in some areas, it could be a big beneficiary in areas such as electronics, especially iPhone production," stated a government official who requested anonymity.

Employment And Economic Impact

The projected expansion could generate approximately 200,000 new jobs in India. This growth is likely to increase India's share in global iPhone production from the current 12 per cent-14 per cent to over 26 per cent in the coming years.

Neil Shah, Vice President at Counterpoint Research was quoted as saying: "With growing premiumisation trends and demand for expensive iPhones globally, supported by iPhone Pro series now being manufactured in India, the overall production value in India has the potential to go well beyond $30 billion a year in the coming couple of years."

Taiwan Prepared For Tariff On Chinese Imports

Meanwhile, Taiwan's government is developing comprehensive support measures for its companies facing potential disruption from US President-elect Donald Trump's proposed 60 per cent tariff on Chinese imports, reported Mint. 

Taiwan's Economics Minister Kuo Jyh-huei unveiled initiatives to assist firms considering relocation from mainland China.

The situation becomes complex for Taiwan's semiconductor giant TSMC, as Trump's policies include potential "protection fees." However, Minister Kuo emphasised that TSMC's significant US employment and investments should maintain its eligibility for CHIPS Act benefits.