Apple ramps up iPhone machinery manufacturing in India amid China squeeze

Apple is rapidly expanding its supply chain in India by not only sourcing components for iPhones but also manufacturing machinery essential to make these devices locally, sources have told Moneycontrol. So far, about 35 companies are building such machinery in India, of which nearly half are now supporting Apple, they said. “There are around 35 companies, which already have capital goods strength, active in the capital machinery ecosystem for multiple sectors. Around 50 percent of the companies have started directly working with Apple in India for capital equipment and tools in the last 20–24 months,” one of the sources cited…

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