The Financial Times highlights that this initiative builds upon Apple’s efforts to diversify its supply chain, aiming to produce all of the over 60 million iPhones sold annually in the US from India by the end of 2026. Achieving this target would effectively double the iPhone production capacity in India, marking a significant shift after nearly two decades of heavy investment in Chinese manufacturing, which helped propel Apple into a $3-trillion tech powerhouse.

Currently, China remains the primary manufacturing hub for Apple, with most iPhones produced through contract manufacturers like Foxconn. The region has faced the brunt of heightened US tariffs, although the current administration has expressed readiness to negotiate with China.

Following tariff announcements that resulted in a $700 billion loss in market value for Apple, the company swiftly moved to export Indian-manufactured iPhones to the US, avoiding the increased tariffs on Chinese products. Over recent years, Apple has gradually expanded its operations in India with partners like Tata Electronics and Foxconn, though a significant portion of assembly work still occurs in China.

While assembly is the final stage of production, it relies heavily on a network of components sourced mainly from Chinese suppliers. Initially, Trump proposed reciprocal tariffs exceeding 100% on Chinese imports but later offered a temporary reprieve specifically for smartphones. However, a separate 20% tariff still applies to all Chinese goods.

India has encountered a 26% reciprocal tariff, which has been paused as New Delhi pursues a bilateral trade agreement with the US. During a recent visit to India, US Vice President JD Vance noted that progress is being made between the two nations.

According to the International Data Corporation, the US represented approximately 28% of Apple’s 232.1 million global iPhone shipments in 2024. For Apple to meet US demand solely from India, a significant increase in production capacity is essential.

Last year, as Apple aimed to boost production from India, Foxconn and Tata began importing pre-assembled components from China. Apple CEO Tim Cook has maintained regular communication with Trump and his administration since the president’s inauguration in January 2025.

Interestingly, Foxconn and Tata Electronics, Apple’s primary suppliers in India, shipped nearly $2 billion worth of handsets to the US market in March, attempting to mitigate the impact of impending tariffs. Recently, Apple arranged cargo flights to transport 600 tonnes of iPhones—equating to about 1.5 million devices—to the US in March, ensuring adequate inventory for this crucial market. Apple operates three facilities in India, and the previous month, the company made Sunday a working day at its largest factory in Chennai operated by Foxconn.

“Thanks to the leadership of Prime Minister Narendra Modi, we’ve seen a 2,300% increase in CNG stations, a 467% rise in PNG connections, and a 128% increase in LPG connections over the last decade,” the minister shared on X.

“These figures are more than just statistics; they represent our commitment to transformative change. They demonstrate that significant progress is achievable through innovative thinking, sincere intentions, and diligent efforts,” Puri remarked. He further noted that these developments not only enhance convenience for citizens but also propel the movement toward a ‘Healthy India with Clean Fuel.’

“These milestones have laid the groundwork for a developed India and set the stage for a brighter future,” he added.

According to a recent study by the Petroleum and Natural Gas Regulatory Board (PNGRB), India’s natural gas consumption is projected to increase by nearly 60% by 2030 as the nation aims to reduce its reliance on oil imports and transition to cleaner fuels for vehicles, household cooking, and industrial applications.

The PNGRB has successfully established gas infrastructure across 307 geographical areas, ensuring extensive access to natural gas for domestic, commercial, industrial, and transportation sectors, excluding the islands.

The report forecasts that the City Gas Distribution (CGD) sector will be the primary growth driver, with consumption expected to rise by 2.5 to 3.5 times by 2030 and 6 to 7 times by that year from a base of 37 mmscmd in FY24.

Demand covers various sectors including fertilizers, power, refineries, petrochemicals, and households, as well as CNG and LNG as transport fuels, with ample time available for pipeline planning and construction.

Natural gas consumption is anticipated to grow from 188 million standard cubic meters per day in 2023-24 to 297 mmscmd by 2030, according to the ‘Good-to-Go’ scenario, which assumes moderate growth based on current trends. The consumption is expected to reach 496 mmscmd by 2040 under the same assumptions.

Among the newly enrolled members, 736,000—about 47.7%—are under the age of 25, indicating a surge of young workers entering the formal labor market.

A breakdown by gender shows that 335,000 women have signed up, in addition to 74 transgender individuals who also registered under the scheme.
ESIC functions as one of the two main statutory social security organizations under the Ministry of Labour and Employment, alongside the Employees’ Provident Fund Organisation (EPFO). The Fund operates under the Employees’ State Insurance Act of 1948. Employees earning up to ₹21,000 per month contribute 0.75% of their wages, while employers contribute 3.25%, resulting in a total contribution of 4%. These funds are allocated for providing medical care and cash benefits to insured employees and their families.