trump 2.0 iPhone production in India could reach 30 billion dollars says reports

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If Donald Trump, who is going to assume the responsibility of the new President of America in January next year, implements the imposition of heavy tariffs on Chinese imports, then India will directly benefit from it on behalf of Apple. According to reports, Apple will launch its iPhone Production can increase rapidly, which could potentially exceed $ 30 billion annually in the next two years. At present, the production value of Apple’s iPhone (iphone production in India) in India is about 15-16 billion dollars annually.

According to IANS report, 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 is not going to do something like imposing tariffs on Chinese imports for the first time. Earlier during his last tenure, he had imposed tariff on Chinese goods. Experts say that during Trump’s second term, such a strategy can make India’s role important in Apple’s global production network.

The limit to which Apple will increase its production in India will largely depend on the actions taken after Trump officially assumes the post of President of America. 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 the reports. Counterpoint Research has said that in the coming time, there will be a rise in global demand for high-end iPhones. With this increasing demand, the production value in India is expected to increase rapidly.