Indian-made iPhones will conquer the global market: Ming-Chi Kuo predicts that the share of shipments will reach 25% by 2024.

Apple is progressively diversifying its iPhone production to India. Analyst Ming-Chi Kuo forecasts a significant surge, with devices manufactured in India poised to constitute 12% to 14% of global iPhone shipments in 2023, a figure expected to escalate even further in the coming year. Under favorable conditions, Kuo predicts that Apple could elevate the share of Indian-made iPhones to an…