Apple's Ambitious Plan: $40 Billion Investment to Ramp Up India Production

Apple plans to increase its production in India more than fivefold within the next five years, aiming for $40 billion, according to government officials. The company already surpassed $7 billion in production in the country last year and manufactures iPhones there. It also plans to start making AirPods in India next year. This move comes as India aims to expand its electronics industry to $300 billion by 2026, driven by increased smartphone production and a global push to de-risk China-based supply chains.