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Secondly, this move is a smart one for Apple too. By diversifying its manufacturing base, Apple reduces its reliance on any single country, which helps mitigate risks associated with geopolitical tensions, trade disputes, and supply chain disruptions. India offers a huge domestic market (hello, billion-plus potential customers!) and a growing middle class with a serious appetite for smartphones. Moreover, India's labor costs are generally lower than those in countries like China, making it a cost-effective location for production. Apple's strategic expansion into India allows the company to tap into a huge consumer base and significantly improve its brand's local presence. With manufacturing capabilities, Apple can tailor its strategies and reduce costs by avoiding high import duties.
