Apple in Talks with Bharat Forge for Component Manufacturing in India
ECONOMY & POLICY

Apple in Talks with Bharat Forge for Component Manufacturing in India

Apple has engaged in discussions with Bharat Forge, a company under the Kalyani Group, to explore the possibility of including them as a vendor in India. The partnership would involve Bharat Forge producing various components and mechanical parts for Apple. This move is part of Apple's broader strategy to expand its Indian supplier network, which already includes companies such as the Tata Group, Motherson Group, and Aequs.

Over the past two years, Apple has been working to increase local value addition and reduce its reliance on manufacturing in China. Apple’s manufacturing footprint in India consists of three iPhone assembly plants, with Foxconn operating the largest in Tamil Nadu, while Tata Group manages two additional facilities in Tamil Nadu and Karnataka.

Bharat Forge, a key player in Indian manufacturing with around 5,000 employees, is involved in diverse sectors such as forging, automotive, energy, construction, mining, railways, marine, aerospace, and defence. International suppliers from countries like China, Japan, and Taiwan have also established manufacturing operations in India.

Current Apple suppliers in India include Sunwoda for battery packs, Foxlink for cables, and Aequs for enclosures, while Salcomp has expanded its production to include coils, power packs, and magnetics. Additionally, Amperex Technology (ATL), a major supplier, is set to begin battery cell production at its 180-acre facility in Manesar, Haryana.

Apple’s expanded network of suppliers has enabled the company to achieve 20 per cent local value addition across various iPhone models, a significant increase from the 5-8 per cent local value addition when manufacturing under the PLI scheme began in 2020. In 2024, Apple produced iPhones worth $17.5 billion, with exports totalling $12.8 billion.

News source: The Times of India

Apple has engaged in discussions with Bharat Forge, a company under the Kalyani Group, to explore the possibility of including them as a vendor in India. The partnership would involve Bharat Forge producing various components and mechanical parts for Apple. This move is part of Apple's broader strategy to expand its Indian supplier network, which already includes companies such as the Tata Group, Motherson Group, and Aequs. Over the past two years, Apple has been working to increase local value addition and reduce its reliance on manufacturing in China. Apple’s manufacturing footprint in India consists of three iPhone assembly plants, with Foxconn operating the largest in Tamil Nadu, while Tata Group manages two additional facilities in Tamil Nadu and Karnataka. Bharat Forge, a key player in Indian manufacturing with around 5,000 employees, is involved in diverse sectors such as forging, automotive, energy, construction, mining, railways, marine, aerospace, and defence. International suppliers from countries like China, Japan, and Taiwan have also established manufacturing operations in India. Current Apple suppliers in India include Sunwoda for battery packs, Foxlink for cables, and Aequs for enclosures, while Salcomp has expanded its production to include coils, power packs, and magnetics. Additionally, Amperex Technology (ATL), a major supplier, is set to begin battery cell production at its 180-acre facility in Manesar, Haryana. Apple’s expanded network of suppliers has enabled the company to achieve 20 per cent local value addition across various iPhone models, a significant increase from the 5-8 per cent local value addition when manufacturing under the PLI scheme began in 2020. In 2024, Apple produced iPhones worth $17.5 billion, with exports totalling $12.8 billion. News source: The Times of India

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->