💰 Apple asks suppliers to shift some AirPods, Beats production to India - Nikkei

TL;DR

Oct 5 (Reuters) - Apple Inc (AAPL.O) is asking its suppliers to move some AirPods and Beats headphone production to India for the first time, Nikkei reported on Wednesday, in what could be an another win for New Delhi in its push for local manufacturing.Apple iPhone assembler Foxconn (2317.TW) is preparing to make Beats headphones in India and hopes to eventually produce AirPods in the country as well, the report said, citing sources.Register now for FREE unlimited access to Reuters.comHowever, Luxshare is focusing more on its Vietnamese AirPods operations for now and could be slower than its competitors in starting meaningful production of Apple products in India, the Nikkei newspaper said.A Bloomberg News report from Tuesday said iPhone exports from India crossed $1 billion in five months since April and are set to reach $2.5 billion in the 12 months through March 2023.India and other countries such as Mexico and Vietnam are increasingly turning important to contract manufacturers supplying to American brands amid COVID-related lockdowns in China and simmering tensions between Washington and Beijing."

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