Apple may turn to China after Tata plant fire in Tamil Nadu: Report

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Apple may turn to China after Tata plant fire in Tamil Nadu: Report - Business Standard

Quick Summary:

However, they added that if the production suspension continues, the U.S.company could set up another assembly line in China or add shifts there to secure parts for India's iPhone manufacturers.

Apart from local sales, Tata, one of India's biggest conglomerates, also exported iPhones to the Netherlands and United States as well as some parts to China, worth more than $250 million overall, in the year to Aug.31, commercially available customs data shows.

Apple could offset that impact by importing more components, and by re-routing more export inventory towards India," said Neil Shah, a co-founder of Counterpoint, which has for years tracked Apple's global shipments.