New Delhi . If Donald Trump, who is going to take over as the new President of America in January next year, implements imposing heavy tariffs on Chinese imports, then India will directly benefit from Apple. According to media reports, Apple may rapidly increase its iPhone production in India, which could potentially exceed $ 30 billion annually in the next two years.
Currently the production value of Apple's iPhone in India is around $1516 billion annually. Apple iPhone production is expected to double due to Trump's decision to increase tariffs. Donald Trump had said during his campaign in America that if he wins the elections, he will impose 60 to 100 percent tariff on Chinese imports. On the other hand, Apple may be encouraged to do more manufacturing in India than before.
Trump will not do anything new this time like imposing tariffs on Chinese imports. Earlier, Trump had imposed tariffs on Chinese goods during his previous tenure. At the same time, experts say that during Trump's second term, such a strategy can make India's role important in Apple's global production network. The extent to which Apple will increase its production in India will largely depend on the actions taken after Trump officially takes over as the US President.
However, the report also says that for Apple's strategy to be successful, the role of the Indian government will also be important. The government will have to continue reforms in the country to ensure that iPhone manufacturing does not shift to countries like Vietnam. Counterpoint research is also mentioned in media reports. Counterpoint Research has said that in the coming time, there will be a rise in global demand for highend iPhones. With this increasing demand, the production value in India is expected to increase rapidly.
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Image Credit: KhasKhabar.