Can India become the world's factory instead of China?

Last week, Apple announced plans to manufacture the latest iPhone 14 in India, marking a major milestone in the company's strategy to diversify production outside of China. 5% of iPhone 14 production is expected to move to India this year. And this is happening much sooner than analysts expected.

Can India become the world's factory instead of China?
2023/6/15
Elena Likhanova, senior editor at RB.RU
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