Apple now makes almost 7% of its iPhones in India – Bloomberg News

(Reuters) – Apple Inc has significantly increased its production of iPhones in India, accounting for almost 7% of its total iPhone production, up from 1% in 2021, Bloomberg News reported on Thursday.

The company assembled more than $7 billion worth of iPhones in the country in the last fiscal year, the report said.

Apple did not immediately respond to a Reuters request for comment.

(Reporting by Kanjyik Ghosh in Bengaluru; Editing by Nivedita Bhattacharjee)