thegame
TF Select
If Apple were to shift production to the U.S., its profit per iPhone could fall drastically from $450 (roughly Rs. 37,530) to just $60 (roughly Rs. 5,004), unless retail prices are significantly increased.
This is mainly because of the sharp difference in labour costs between India and the U.S. In India, assembly workers earn approximately $230 (roughly Rs. 19,182) per month, while in the U.S. states like California, labour costs could soar to around $2,900 (roughly Rs. 2,41,860) per month due to minimum wage laws, a 13-fold increase.
www.gadgets360.com
This is mainly because of the sharp difference in labour costs between India and the U.S. In India, assembly workers earn approximately $230 (roughly Rs. 19,182) per month, while in the U.S. states like California, labour costs could soar to around $2,900 (roughly Rs. 2,41,860) per month due to minimum wage laws, a 13-fold increase.
Made in India iPhones for US to Be Cheaper, Even With Tariffs: Report
Manufacturing iPhones in India is still economically viable even if a 25 per cent tariff is applied, according to a recent report.
