On May 12, it was reported that according to the Indian news media Economic Times, Apple executives have been meeting with major Indian government officials to discuss the possibility of transferring the mass production of Apple's iPhone from China to India. According to the "informed official", in the next five years, India's manufacturing revenue will therefore soar by $40 billion.

The official said: "We expect Apple to produce smart phones worth up to $40 billion, mainly exported through its OEM companies Wistron and Foxconn, and they will enjoy the benefits of the production incentive plan."

Apple may not have a large market in India. According to the official, Apple hopes India will become a new manufacturing base, mainly for export, which may diversify its production outside China. It is reported that 20% of Apple's iPhone production capacity may be transferred to India.

The Indian official predicted that the export of mobile phones would exceed 100 billion dollars by 2025. From 2019 to 2020, India's smartphone export volume is about US $3 billion. Apple has already produced some iPhone XRs in India through Foxconn. Apple, through Wistron, once produced the first generation iPhone SE, iPhone 6S and iPhone 7 in India, but later stopped production.

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