Made in India iPhone
The demand for Made in India iPhones is going to increase rapidly. India can benefit from the current tariff war between China and the US. IPhones, smartphones, tablets, laptops made in India will be exported cheaply in the US than in China. The Icea i.e. the Indian Cellular and Illocronics Association has said that the phones, tablets etc. exported from India will be cheaper by 20% than China. Last week, on Saturday, the US government amended its tariff order and kept several electronics devices including smartphones, tablets, laptops out of the new tax.
India benefits
Icea Chairman Pankaj Mahendru said, “China is still levying 20% tax on iPhone, laptops, tablets and smartwatches, only reciperochl tariffs have been removed from these devices. On the other hand, like Vietnam, America exported to America and all smartphones, laptops and tablets is used. The tariff is advantage. “
At this time, due to Made in India iPhone Ecosystem, a large number of new jobs have been created in India. India has become increasingly included in the list of top countries who exported iPhone. According to the Icea, the mobile phone to be exported from India in 2024-2025 has crossed the 2 lakh crore mark, which is all time high. It has seen a record growth of 55 percent as against the 1.29 lakh crore of FY 2023-24. Union Minister Ashwini Vaishnav also said recently that only the export of iPhone in the smartphone segment has touched the figure of Rs 1.5 lakh crore.
Amendment in US reciperook tariff
Recently, after the announcement of reciperook tariff by US President Donald Trump, there were many questions about Apple’s production plants in India and China. However, the sector has been relieved by the amendment of the tariff by the Trump administration on Saturday. Many electronics items including smartphones, laptops have been excluded from the purview of Resiprockal Tariff. This decision of the Trump government has been taken to keep the price of consumer electronics products low in the US.
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