Apple may expand India production beyond iPhones; three local brands expected in 10–14 months
IT Minister Ashwini Vaishnaw said Apple could broaden its India manufacturing footprint beyond iPhones. He also said three domestic smartphone brands may emerge within 10–14 months under the new Mobile Phone Manufacturing Scheme, which sets FY26 turnover and sales-growth thresholds for brands and EMS firms.
What happened
IT Minister Ashwini Vaishnaw said Apple may expand India manufacturing beyond iPhones, while three domestic smartphone brands could emerge within 10-14 months
Key facts
- 3 potential Indian smartphone players
- 10-14 months
- Rs 10,000 crore FY26 turnover eligibility for mobile manufacturers
- Rs 5,000 crore additional annual sales requirement for existing brands
- Rs 1,000 crore FY26 turnover threshold for EMS players
- one-year gestation period
Why this matters
Evaluate supplier, distribution, and strategic partnership opportunities around India’s expanding handset ecosystem, particularly with emerging local brands and EMS firms seeking scale to qualify for incentives.