Apple triples iPhone production in India, making the country a crucial player in the global smartphone industry

• Apple has tripled its iPhone production in India and assembled over $7 billion worth of iPhones in the last fiscal year, according to a Bloomberg report.
• The move has made India a key player in the global smartphone industry and highlights Apple's efforts to reduce its dependence on China.
• The company's long-time partners, such as Foxconn and Pegatron, have expanded their assembly lines in India, leading to a significant increase in iPhone manufacturing in the country.
• Indian Prime Minister Narendra Modi's incentives for local manufacturing have further encouraged Apple to increase production in India.