Foreign media India will soon become the world’s largest smartphone market, with Apple’s assistance

India to become the world's largest smartphone market with Apple's help

【PhoneAuto News】Currently, India is one of the world’s largest smartphone markets. If we remove the “one of,” then the subject of this sentence needs to be changed to “China.” However, foreign media recently reported that with Apple’s assistance, India will soon become the world’s largest smartphone market.

Foreign analysts claim that India is one of the world’s largest economies with a population of over 1.4 billion people. This makes it a highly attractive market for companies selling and manufacturing products. In this context, Apple recently moved some production lines from China to India. This move seems to be beneficial for both parties, as Apple has pushed smartphones into India’s top five export commodities. Data shows that Apple accounts for about half of India’s smartphone exports this fiscal year, despite only representing 7% of its total iPhone production.

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In 2022, Apple started assembling iPhones in its Foxconn factory in India. This is an important step for Apple and a sign of the company’s confidence in the Indian market. Foreign media believe that Apple plans to increase its manufacturing business in India in the future, which could bring even more growth to the country’s smartphone exports.

India is currently the world’s second-largest smartphone market and also the fastest-growing. Foreign media predict that by 2025, it will become the world’s largest smartphone market. However, the growth in India’s smartphone exports has brought some challenges to the Indian government. Foreign media cited an example that the government needs to ensure that the country has the necessary infrastructure to support the development of the smartphone industry, including reliable electricity, good roads, and skilled labor. The government also needs to ensure that the Indian market is open to competition and that new players are not entering barriers. But only with joint efforts can all these problems be solved and demands met.

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