Apple has announced a significant expansion of its iPhone production in India, with plans to produce 6 billion units annually. This move is seen as a strategic shift away from China, where the company faces increasing competition and logistical challenges. The Indian manufacturing facility will reportedly create thousands of jobs and contribute significantly to the country's economy.

Source: https://www.bloomberg.com/news/newsletters/2024-10-29/apple-boosts-india-iphone-production-to-6-billion-in-shift-away-from-china