- Saturday, April 05, 2025
iPhones constitute the largest share of telecom products exported from India to the United States, estimated to be around $13 billion a year
By: India Weekly
THE RECIPROCAL tariffs by the US on Thursday (3) has put Apple’s shares into a downward spiral as the iPhone maker’s Asian supply chains and production hubs in markets like China, India and Vietnam face levies ranging from 24-54 per cent.
The US imposed tariffs have hit Cupertino, California-headquartered company’s big manufacturing touchpoints, many of them in Asia.
Vietnam faces 46 per cent tariffs, and India landed relatively softer at 26 per cent.
China – where Apple has a significant manufacturing presence despite its supply chain diversification efforts – took the hardest knock with 34 per cent tariffs being imposed on top of a previous 20 per cent levy.
According to industry sources, iPhones constitute the largest share of telecom products exported from India to the United States.
India Cellular and Electronics Association (ICEA) on Thursday (3) said India is “favourably positioned” amid US reciprocal tariff regime.
However, the genuine long-term inflection point for India’s electronics trade with the US lies in the swift and successful conclusion of a comprehensive bilateral trade agreement (BTA), he added.
iPhone exports from India are estimated to be around $13 billion, and it is one of the major exports of telecom products from the country to the US.
Analysts had predicted that Apple may shift 25 per cent of its iPhone production to India.
The Apple ecosystem is the biggest job creator in India. According to government sources, Apple’s vendors and suppliers employ 150,000 people in India.
Tata Electronics, which runs two plants for Apple, is the biggest job generator.
According to Counterpoint Research, Apple has been increasing iPhone production in India through its contract manufacturers Foxconn and Tata Electronics.
