• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Tech

Apple Is Expected to Start iPhone Production in India With This Model

By
Reuters
Reuters
Down Arrow Button Icon
By
Reuters
Reuters
Down Arrow Button Icon
February 17, 2017, 5:50 AM ET
iPhone 6, iPhone 6 Plus Launched In India
NOIDA, INDIA - OCTOBER 17: Excited crowd flocked at The Great India Palace mall to buy newly launched Apple iPhone 6 and iPhone 6 Plus, on October 17, 2014 in Noida, India. The 4.7-inch iPhone 6 is available in India at Rs. 53,500 for the 16GB variant, Rs. 62,500 for the 64GB variant, and Rs. 71,500 for the 128GB variant. The 5.5-inch iPhone 6 Plus has been priced at Rs. 62,500 for the 16GB variant, Rs. 71,500 for the 64GB variant, and Rs. 80,500 for the 128GB variant. (Photo by Sunil Ghosh /Hindustan Times via Getty Images)Photograph by Sunil Ghosh—Hindustan Times via Getty Images

Apple will in the coming months start assembling its lower-priced iPhone SE models at a contract manufacturer’s plant in the southern Indian technology hub of Bengaluru, an industry source with direct knowledge of the matter said on Friday.

Apple’s Taiwanese manufacturing partner Wistron is setting up a plant in Bengaluru to focus solely on assembling iPhones, a separate source told Reuters earlier this month.

Apple’s move comes as it seeks to boost its share in the world’s fastest growing major mobile market, where handsets far cheaper than Apple’s iPhones dominate. It also comes as smartphone sales growth is slowing in Asia’s other massive market, China.

To lower prices, Apple (AAPL) has been seeking to set up local production and has been in talks with the Indian federal government regarding issues such as tax concessions.

The industry source told Reuters the initial manufacturing of the iPhone SE model was not contingent on those concessions.

Apple did not immediately respond to a request for comment.

The Economic Times newspaper earlier on Friday reported Apple planned to initially assemble 300,000 to 400,000 iPhone SE handsets in India. The industry source told Reuters the numbers would be substantially lower to begin with.

The source also said it was too early to say what other phone models Apple would assemble at the Bengaluru plant.

Apple shipped 2.5 million iPhones to India last year, with a third coming in the December quarter, according to market researcher Counterpoint, which estimates that three-quarters of smartphones sold in India were made locally.

In the fourth quarter, Apple ranked 10th in India’s smartphone market but led the premium segment with a 62% market share, Counterpoint said.

Samsung Electronics (SSNLF) and a host of Chinese players including Xiaomi and Vivo dominate India’s smartphone market where the vast majority of phones sold are priced below 15,000 rupees ($225).

In comparison, the entry level iPhone SE model sells on Amazon’s India site for 28,433 rupees ($424).

About the Author
By Reuters
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.