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 Energy

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Next Story
Infrastructure Urban

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Next Story
Infrastructure Energy

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?